UAE markets 19 Mar 2008

UAE market news & discussions for 19 March 2008 The ADSM index closed 2.15% up in a strong days trading on moderate volumes. ALDAR up over 4% and DANA, FGB and RAKPROP all up over 3% led the charge. Despite a good start the DFM index finished down 0.70%. AIRARABIA and DFM were the top traded share both falling on turnover of 60 million shares traded each. The ADSM signed an agreement with the NYSE Euronext that could lead to the creation of the Gulf's first derivatives exchange. DFM Company Announcements ASCANA: Today, 19/03/2008 is the Ex-dividend date for Arab Scandinavian Insurance shares. DU: Du Telecom: Announces the resolutions of its AGM held on 18/03/2008. DEYAAR: Discloses its audited consolidated financial statements for the year ended 31/12/2007. DFM: On the occasion of the Prophet Birthday it has been decided that Thursday 20/3/2008 Shall be an official holiday for Dubai Financial Market and work will resume on Sunday 23/3/2008. EMAAR: AGM of Emaar Properties is being held today, 19/03/2008 TABREED: Today, 19/03/2008 is the Ex-dividend date for National General Cooling Company shares and trading resumes with the adjusted price. ADSM Company Announcements ADIB: Abu Dhabi Islamic Bank: Announces its BOD meeting results held on March 18, 2008 AGTHIA:Emirates Foodstuff and Mineral Water: Announces its BOD meeting results held on March 18, 2008

• 19 March 2008 ADSM DFM DIFX disclosures & news
• Air Arabia and Tamweel dividends
• Marketwatch DFM March 2008
• Emirates new budget airline - 18 Mar 08
• EMAAR 2007 FY profit AED 6.57 bn +3.1% 16 Jan 2008
• OILC 2007 FY profit +78% to AED 171m - 20 Jan 08
• Ajman Bank IPO - how many shares will I get?
• DP World share price March 2008
• DIFX brokers
• AABAR trading 05 Mar 08
• NBQ 2007 FY profit AED 330m +279% 03 Jan 2008
• NBQ capital increase / rights issue? 18 Mar 08
• DP World - learn from Reliance Power bonus shares 18 Feb 08
• ASCANA 2007 FY profit AED 85m +1,108% 05 Feb 2008
• DP World Global Crown report - EB 11 Mar 08
• NBAD wins court case against casino operator - BB 18 Mar 08
• Where is EMAAR price heading to?
• 18 March 2008 ADSM DFM DIFX disclosures & news
• Insider trades March 2008
• ASNIC 2007 FY profit AED 120m +923% 17 Feb 2008
• ARTC 2007 FY profit +128% to AED 494m - 19 Jan 2008
• DNIR foreign ownership to 25%
• AMLAK 2007 FY profit AED 301m 12 Jan 2008
• AABAR to sell Pearl Energy for AED 3.2 bn? 13 Jan 08
• TAQA 2007 FY profit AED 1bn +106% 31 Jan 2008

More UAE stock market news and discussions...

best stock rises symbol price change TKFL 7.83 +0.71 +10% NBF 4.59 +0.40 +9.5% NBQ 9.28 +0.78 +9.2% ADAVIATION 5.78 +0.46 +8.6% NGI 7.63 +0.36 +5%

worst stock falls symbol price change GRAND 4.04 -0.25 -5.8% ASCANA 2.71 -0.14 -4.9% FCI 6.87 -0.33 -4.6% SHUAA 7.98 -0.26 -3.2% FOODCO 4.56 -0.10 -2.1%

top volume symbol value (AED) price DFM 348,839,382 5.65 ALDAR 348,261,668 10.50 EMAAR 268,266,084 11.35 ADIB 143,493,817 68.70 AIRARABIA 133,660,054 1.95

Dubai Financial Market

The DFM index closed at 5,578 a fall of 0.70% from the previous close. 291 million shares were traded worth 1.3 billion dirhams. Seven shares advanced and eighteen declined.
AIRARABIA and DFM led the trading both finishing down on turnover of 60 million shares each.

Other shares to fall included: Amlak Finance (AMLAK) 4.38 (1.35%), DEYAAR 2.39 (1.23%), Emaar Properties (EMAAR) 11.35 (0.87%), GULFNAV 1.56 (1.26%) and Union Properties (UPP) 4.45 (1.33%).

Shares to rise included: Tabreed (TABREED) 2.69 (1.12%) and Tamweel (TAMWEEL) 6.70 (1.36%).

Abu Dhabi Securities Market

The ADSM index closed at 4,676 a rise of 2.15% from the previous close. 144 million shares were traded worth 981 million dirhams. Thirty one shares advanced and nine declined.
The top traded share was Aldar Properties (ALDAR) rising 4.48% to 10.50 dirhams on turnover of 33 million shares.

Other shares to rise included: Aabar Petroleum (AABAR) 3.54 (0.83%), ADAVIATION 5.78 (8.65%), Dana Gas (DANA) 2.19 (3.30%), First Gulf Bank (FGB) 20.35 (3.85%) and RAK Properties (RAKPROP) 2.42 (3.86%).

FCI 6.87 (4.58%) and Bank Of Sharjah (BOS) 3.02 (0.33%) were amongst the decliners on small volumes.

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