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Mid-cap shares defy Dubai market decline

  • United Arab Emirates: Thursday, March 14 - 2013 at 15:26

With Emaar ending flat at Dhs0.486 and Arabtec closing down 0.94% at Dhs2.11, the DFM General Index ended Thursday trading off 0.30% at 1,916.21 points. Like yesterday, shares from the "second row" gained in value. Shuaa Capital advanced the second day straight to hit Dhs0.587 (up 0.51%). Air Arabia gained likewise half a percentage point and finished at Dhs0.923. Union Properties added 0.24% to close at Dhs0.41. Market breadth was neutral as 13 stocks advanced, while 14 declined. Some 210m shares were traded, valued at Dhs225m.

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