Five UAE stocks down despite markets rally

Dubai-Mubasher: Five UAE stocks fell in Sunday’s mid-session by 12:30pm UAE time, contrary to the upward trend of most Gulf markets.

Dubai-listed Ajman Bank, Dar Al Takaful and Gulf General Investment Co. declined 4.54%, 4.5% and 1.03%, respectively.

Dubai Financial Market (DFM) added 5.31% to reach 2,761.27 points.

Abu Dhabi-listed Ras Al Khaimah Poultry and Feeding Co. declined 9.68%, while Union National Bank fell 0.83%.

Abu Dhabi Securities Exchange (ADX) grew 3.43% or 128.36 points to reach 3,865.31 points.

Mubasher Contribution Time: 24-Jan-2016 08:45 (GMT)