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Aquaculture firm loses share values

DUBAI - Shares in Dubai dropped yesterday after a strong 3.1 per cent rally on Monday, slipping 3.47 points, or 0.07 per cent, to close at 4,640.53.

The Abu Dhabi bourse rose 57.56 points, or 1.51 per cent, to 3,864.11, continuing its gains for the second day after a four-day break in trading.

The UAE's leading aquaculture firm, International Fish Farming Co., lost 0.4 per cent to Dh5.56.

Only the investment and transportation sectors had gained on Dubai Financial Market (DFM) General Index, whose volume of shares posted a value of Dh2.25 billion.

Eleven DFM listed companies had declined while 12 had advanced and three were unchanged.

Source: Khaleej Times