UAE markets 14 Jan 2009

UAE market news & discussions for 14 January 2009 A bleak day on UAE markets today with the DFM index losing 0.60% to 1,698 and the ADX losing 1.18% to 2,455. Share trading volumes remain low with the value of shares traded on the DFM just Dh 229 million and on the ADX, 146 million. Plenty of market news to choose from most of it not helpful. For example, HSBC downgrades ARTC, Moody's negative on UAE banks and the will there or wont there be a rent cap discussion rumbles on. More details in the forum. Movers on the DFM included limit down for ARTC, and the TAKAFULS down 10% after a good run. On the ADX banks were hit most down between 5 and 8%. Realestate also had a poor day with ALDAR down 7.7% and SOROUH down 6.6% NASDAQ DUBAI DPW $0.34 unchanged and DEPA $0.58 up 3.57%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Sharewadi calendar - important dates Dubai Financial Market On the Dubai Financial Market 5 stocks advanced and 14 declined. Stocks to gain included Air Arabia (AIRARABIA) up 1.06%, ASALAMBANK up 3.48% and Emirates NBD (ENBD) up 4.45% all on small volumes. Apart from Arabtec (ARTC) and the TAKAFULS other stocks to lose included: Union Properties (UPP) 2.59%, Emaar Properties (EMAAR) 0.84%, Dubai Financial Market (DFM) 3.78% and Dubai Islamic Bank (DIB) 2.60% lower. Abu Dhabi Securities Exchange On the ADX 6 stocks advanced and 19 declined. ETISLAT had a good day up 2.35% and Abu Dhabi National Hotels (ADNH) up 2.0% and Gulf Cement (GCEM) up 6.0% on one trade. Losers for the day included: Banks, Realestate and Ras Al Khaimah Cement (RAKCC) 9.0%, Methaq Islamic Insurance (METHAQ) 9.0%, Agthia Group (AGTHIA) 8.0% and Aabar Energy (AABAR) 8% all down.

UAE stock market news and discussions at Dubai Share Talk ...

	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Arabtec Meydan cancelled sharewadi Wed 14 Jan 2009 17:34 Beltone Arabtec report sharewadi Wed 14 Jan 2009 17:26 Dubai rent cap 2009 sam111sam Wed 14 Jan 2009 17:01 Dubai exodus Fran Wed 14 Jan 2009 16:02 DIB wins Islamic Finance awards sharewadi Wed 14 Jan 2009 15:24 Shuaa EGM, shares suspended again sharewadi Wed 14 Jan 2009 14:53 ADX ETFs sharewadi Wed 14 Jan 2009 14:46 Damas Dubai Mall new shops sharewadi Wed 14 Jan 2009 14:25 Abyaar DFM listing sharewadi Wed 14 Jan 2009 14:15 First Gulf Bank Qatar sharewadi Wed 14 Jan 2009 13:27 Moody's negative report UAE banks sharewadi Wed 14 Jan 2009 13:16 Arabtec HSBC downgrade robchad Wed 14 Jan 2009 13:09 Arabtec bankrupt? robchad Wed 14 Jan 2009 13:01 Marketwatch ADX DFM January 2009 sharewadi Wed 14 Jan 2009 12:35 Borse Dubai AED9.2bn loan refinance Fran Tue 13 Jan 2009 22:42 DNIR insurance Arabtec employees BullnBear Tue 13 Jan 2009 17:53 ETISALAT Iran mobile licence sharewadi Tue 13 Jan 2009 13:04

best stock rises symbol price change EKTTITAB 0.90 +0.10 +12.5% ASMAK 30.00 +2.00 +7.1% GCEM 2.97 +0.19 +6.8% EMIRATESNBD 3.75 +0.16 +4.5% SALAM_BAH 0.89 +0.03 +3.5%

worst stock falls symbol price change DARTAKAFUL 1.19 -0.13 -9.8% ARTC 1.66 -0.18 -9.8% ADAVIATION 2.40 -0.26 -9.8% TAKAFUL-EM 1.21 -0.13 -9.7% METHAQ 4.22 -0.42 -9.1%

top volume symbol value (AED) price ARTC 72,762,284 1.66 ALDAR 72,610,581 3.82 EMAAR 44,656,253 2.34 DFM 28,541,754 1.27 ARMX 25,699,713 0.96

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