UAE markets 15 Mar 2009

UAE market news & discussions for 15 March 2009 A good start to the week with both markets up, Abu Dhabi by 0.41% to 2328 points although trading was light at only AED 78m worth of shares, while Dubai saw higher turnover of AED 443m and a 1.4% rise to 1526 points. On the Nasdaq Dubai, DP World was the only stock to trade today, rising $0.01, or 5.6%, to $0.19. Drake and Scull list their shares on the DFM tomorrow. UAE fourth quarter results - table of financial results so far, with dividend and AGM information UAE financial news - latest news from Reuters, Bloomberg and UAE media Sharewadi calendar - important dates Dubai Financial Market Dubai Financial Market (DFM) shares and Arabtec (ARTC) were the most heavily traded, both with over AED 100m worth, and gained 6% and 4.35% respectively. Emaar Properties (EMAAR) was third in the turnover table but saw only AED 30m worth of deals done, and rose just 1.5% to 2.05. National General Cooling (TABREED) was the top gainer of the active stocks, up 12% to 0.56. Most of the other actively traded stocks in Dubai rose 1%-5%, and there were only 3 losers, including Emirates NBD (ENBD) falling just 0.33% on limited volumes. Abu Dhabi Securities Exchange In Abu Dhabi, Aabar Energy (AABAR) and Abu Dhabi National Energy (TAQA) closing prices were 10% limit up and they took number 2 and 3 spots on turnover. Aldar Properties (ALDAR) was the top traded stock by value but rose just 0.91%. Most other actively traded stocks were up by 0% to 3%. Emirates Telecom (ETISALAT) was unchanged, and National Bank of Abu Dhabi (NBAD) edged up just 0.11% on low volumes. Arkan Building Materials (ARKAN) saw yet another 10% limit down day, closing at 3.44 and volumes again limited by the lack of buyers. Bank of Sharjah (BOS) fell 3.2%, Agthia Group (AGTHIA) by 0.79%, and the other 7 losers fell on turnover of less than AED 1m.

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
Buy one get one free apartment Dubai adeelakhtar Sun 15 Mar 2009 15:07 Libya ADX stockmarket agreement sharewadi Sun 15 Mar 2009 15:00 Marketwatch Abu Dhabi Dubai March 2009 bandakok Sun 15 Mar 2009 09:30 Drake Scull 2009 profit forecast Cash King Sat 14 Mar 2009 10:34 Research participants? mikaelsegerberg Thu 12 Mar 2009 19:27 KHI 2008FY results sharewadi Thu 12 Mar 2009 15:28 KHI new CFO sharewadi Thu 12 Mar 2009 15:06 EMAAR 2008Q4 loss AED1.77bn -202% bandakok Thu 12 Mar 2009 10:42 NBAD 2008 Q4 profit AED492m -34% sharewadi Wed 11 Mar 2009 22:52 ARIG S&P rating withdrawn sharewadi Wed 11 Mar 2009 22:44 DEPA buyback sharewadi Wed 11 Mar 2009 22:35 Damas buyback sharewadi Wed 11 Mar 2009 22:30 GULFNAV 2008Q4 profit Dh11m -76% sharewadi Wed 11 Mar 2009 16:12 Qatar government stock bailout rmhumr Wed 11 Mar 2009 13:43 2009 forecasts DFM ADX NasdaqDubai sharewadi Wed 11 Mar 2009 10:06 Amlak Tamweel merger committee Bimcnorth Wed 11 Mar 2009 02:50 ADCB 2008Q4 loss AED140m sharewadi Wed 11 Mar 2009 01:32

best stock rises symbol price change EKTTITAB 0.64 +0.08 +14.3% TABREED 0.56 +0.06 +12% TKFL 6.93 +0.63 +10% OEIHC 1.17 +0.10 +9.3% AJMANBANK 1.01 +0.08 +8.6%

worst stock falls symbol price change FCI 4.79 -0.53 -10% CBI 1.14 -0.12 -9.5% FH 3.90 -0.38 -8.9% ASMAK 26.85 -2.60 -8.8% ARKAN 3.49 -0.33 -8.6%

top volume symbol value (AED) price DFM 121,459,801 1.24 ARTC 117,300,941 1.68 EMAAR 29,511,022 2.05 AIRARABIA 25,985,794 0.96 IAIC 22,965,334 0.67

• Comment on this report and view previous reports on the Share Wadi blog.
• Discuss UAE companies at Dubai Share Talk.