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16% lower on Tuesday by profit-taking in selected bluechips amid fears of a possible interest rate hike, analysts said.
TUESDAY: Three days of gains on the London market came to an end yesterday as bluechip shares fell back.
Asian share markets closed broadly higher today as the modest gains on Wall Street on Friday triggered buying support for selected bluechips.
Among key bluechips, SK Telecom rose 72,000 won while Samsung Electronics gained 6,000 won.
MICEX represents Russia's biggest exchange trading foreign currencies, equities, derivatives markets and Russian Government securities, bluechips and a wide range of Russian products.
However, the recently set up index, the KSX 15, which reflects trading in bluechips, went slightly up gaining 0.
Summary: DUBAI - Abu Dhabi's bluechips lifted the emirate's main index to a four-month high as they played catch-up to early-year gains on other Gulf markets, but Dubai's rally stalled as investors booked profits in large-cap stocks.
87% due to buying support for selected bluechips after the release of strong retail sales in May.
Key bluechips fell heavily, with Samsung Electronics and Pohang Iron and Steel losing 15,500 won and 8,000 won, respectively.
A block of 2,535 seats was sold for 22,688 to BlueChips USA, an Indiana-based developer of a Junior League baseball facility.
The KSX 15 index, which reflects trading in bluechips, lost 4.
Real estate stocks are the bluechips in these markets and so they have been the best performers," said Arabi.