UAE markets 01 Apr 2008

UAE market news & discussions for 01 April 2008 The DFM index continues to rise closing 1.53% higher at 5,433. ADSM index also finished stronger rising 1.27% to 4,614. Volumes of traded shares are also rising. The top traded share on DFM was DEYAAR rising 2.57% to 2.39 dirhams. Investors pushed AMAN higher by 14.83% pre the proposed stock split. ARKAN was the top traded share on ADSM rising 3.98% to 4.18 dirhams. Business News The 'Final Word' on dirham/dollar peg: The UAE would only make changes to its dirham/dollar peg in conjunction with its Gulf Arab neighbours the UAE Central Banker said on Tuesday. DFM Company Announcements: TAMWEEL: Approves a cash dividend of 21.8% EMAAR: EMAAR-MGF in India will tie up with Marriott International to build 4 hotels worth $400 million. ENBD: goes ex dividend DIC: Last trading day for DIC rights issue 3 April 2008. ADSM Company Announcements: JULPHAR: 07FY financial statement ADNH :07FY financial statements ETISALAT: last trading day before shares go ex dividend. Further company information Sharewadi Calendar

• GLOBAL 35% capital increase and dividends - AT 26 Mar 2008
• Air Arabia AGM 31st March 2008
• AIRARABIA 2007 FY profit AED 282m below forecast - 13 Feb 2008
• AABAR trading 05 Mar 08
• Marketwatch ADSM April 2008
• Tamweel ready to repeat 2007 performance
• Marketwatch DFM April 2008
• Insider trades March 2008
• Global initiates coverage on Air Arabia with a BUY - 30 Mar 2008
• RAK Properties.......Why the rapid fall?? 30 Mar 08
• Marketwatch ADSM March 2008
• Marketwatch DFM March 2008
• 31 March 2008 ADSM DFM DIFX disclosures & news
• 30 March 2008 ADSM DFM DIFX disclosures & news
• DFM Stock Game 2008?
• DIC rights issue phase 2
• Where is EMAAR price heading to?
• UNB share price falls 15% 12 March 2008?
• UAE & GCC currency peg analysis - R 27 Mar 08
• Nasser Al-Shaikh named Chairman of Deyaar - PR 29 Mar 08
• DFM AED 90m net foreign investment last week 29 Mar 08
• TABREED 2007 FY profit forecast down 30% to AED 70m
• New format for latest news - starting 14 Feb 08
• Retaining shares after moving
• TABREED report TNI - 02 Mar 08

More UAE stock market news and discussions...

best stock rises symbol price change AMAN 28.25 +3.65 +14.8% AWNIC 5.94 +0.54 +10% GMPC 8.41 +0.76 +9.9% OEIHC 4.73 +0.42 +9.7% ARIG 3.70 +0.31 +9.1%

worst stock falls symbol price change NMDC 9.50 -0.85 -8.2% WARE 16.60 -1.40 -7.8% CBI 2.75 -0.20 -6.8% GRAND 3.96 -0.24 -5.7% CBD 9.26 -0.44 -4.5%

top volume symbol value (AED) price EMAAR 287,341,979 11.25 ARKAN 261,392,055 4.18 DFM 214,541,412 5.29 DEYAAR 167,662,549 2.39 AIRARABIA 140,914,240 1.89

Dubai Financial Market

The DFM index closed at 5,433 an increase of 1.53% from the previous close. 327 million shares were traded worth 1.3 billion dirhams. Twenty one shares advanced and seven declined.
The top traded share was DEYAAR rising 2.57% to 2.39 dirhams on 69 million shares traded.

Other shares to rise included: AIRARABIA 1.89 (1.61%), Amlak Finance (AMLAK) 4.36 (2.83%), DFM 5.29 (3.72%), AMAN 28 0.25 (14.83) and Emaar Properties (EMAAR) 11.25 (2.73%).

The stocks to fall in price were all on insignificant volumes.

Abu Dhabi Securities Market

The ADSM index closed at 4,614 a rise of 1.27% from the previous close. 182 million shares were traded worth 818 million dirhams. Thirty two shares advanced and nine declined.
Arkan was the top traded share rising 3.98% to 4.18 dirhams on volume of 62 million shares traded.

Other shares to rise included: Aabar Petroleum (AABAR) 3.25 (3.51%), Aldar Properties (ALDAR) 10.35 (0.98%), Dana Gas (DANA) 2.13 (4.41%), RAK Properties (RAKPROP) 2.10 (2.94%) and Sorouh Real Estate (SOROUH) 8.66 (4.21%).

Shares to fall included: Abu Dhabi Islamic Bank (ADIB) 6.34 (0.31%) and ADNH 10.00 (1.48%).

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