Monday 4 July 2011

Investors flock to Air Arabia - The National

Investors flocked to shares in Aramex and Air Arabia as traders looked to diversify their portfolio away from banking and property companies.

Aramex, the logistics company, added 0.6 per cent to Dh1.81 as more than 13 million shares changed hands and Air Arabia, the low-cost carrier based in Sharjah climbed almost 1 per cent to 68 fils. Almost 4 million shares were traded on this stock today.

These companies were among the most heavily traded stocks in Dubai in afternoon trading.


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