UAE markets 25 Mar 2009

UAE market news & discussions for 25 March 2009 Dubai gave up half of yesterday's gains, falling 1.9% to 1591 points after a promising start, with turnover down to AED 493m. Abu Dhabi edged ahead by 0.11% to 2536 points but turnover also dropped, to AED 185m. DP World announced preliminary results this morning with profit up 48% to US$621m (AED 2.28 bn), and shares rose 8.7% to $0.25 on the Nasdaq Dubai today. 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 The day belonged to Emaar Properties (EMAAR) but for all the wrong reasons. Emaar dominated trading in Dubai with AED 180m worth of deals, fell 4.6% to 2.31, was the only stock with more than AED 100m of turnover, and the second highest loser (ignoring the non-active stocks). National General Cooling (TABREED) fell slightly more, down 5%, to make it the worst of the active losers. All other stocks fell between 0% and 4%, except for a couple of small trades in Al Salam Bank Sudan (ALSALAMSUDAN), and unchanged prices on thin trading for Dubai Islamic Insurance (AMAN) and Gulf General Investment (GGICO). Abu Dhabi Securities Exchange Sorouh Real Estate (SOROUH) down 0.79%, and Aldar Properties (ALDAR) up 2.9%, headed up the list of stocks by traded value in Abu Dhabi today. First Gulf Bank (FGB) looked good with 10% limit up trading at 9.35 and no sellers, helping to keep the index up. Union Insurance (UNION) had an interesting day with greater than usual volumes, and trades going through at either limit up or limit down prices and nothing much inbetween. There were no other gainers of note. RAK Insurance (RAKNIC) plummeted 10% limit down on just 1 trade, but a large enough one to be worth over AED 4m. Agthia Group (AGTHIA) was down 6%, Waha Capital (OILC) 5.9%, Sharjah Islamic Bank (NBS) 5.4% on heavier than usual trading, Arkan Building Materials (ARKAN) 3.7%, and the remainder fell less than 3% or on low turnover.

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
Dana Gas buy and sell orders sharewadi Wed 25 Mar 2009 16:08 DP World 2008FY profit $621m +48% maq3012 Wed 25 Mar 2009 15:59 DP World director's report 2008FY sharewadi Wed 25 Mar 2009 12:11 Green Crescent listing date sharewadi Wed 25 Mar 2009 11:32 DIB rights issue sharewadi Wed 25 Mar 2009 11:29 Marketwatch Abu Dhabi Dubai March 2009 sam111sam Tue 24 Mar 2009 21:40 Have Shares in Dubai and left UAE sharewadi Tue 24 Mar 2009 18:18 Is this the right time to enter again? rmhumr Tue 24 Mar 2009 15:21 ADIB Sukuk sharewadi Tue 24 Mar 2009 14:17 FGB TAIB report sharewadi Tue 24 Mar 2009 13:54 Aramex EFG Hermes report Bimcnorth Tue 24 Mar 2009 02:58 DIB AGM? sharewadi Tue 24 Mar 2009 01:56 ETISALAT 2008Q4 profit Dh1.4bn -20% sharewadi Tue 24 Mar 2009 01:49 Air Arabia 2008Q4 profit AED136m +45% sharewadi Mon 23 Mar 2009 21:07 Etisalat CEO resignation sharewadi Mon 23 Mar 2009 20:37 Aabar buys Daimler stake Bimcnorth Mon 23 Mar 2009 19:56 RAK Ceramics Global report sharewadi Mon 23 Mar 2009 16:48

best stock rises symbol price change NBQ 3.68 +0.35 +10.5% ADNIC 8.31 +0.75 +9.9% FH 4.67 +0.42 +9.9% QCEM 0.84 +0.07 +9.1% FGB 9.15 +0.65 +7.6%

worst stock falls symbol price change RAKNIC 5.39 -0.59 -9.9% EKTTITAB 0.72 -0.07 -8.9% AGTHIA 1.25 -0.08 -6% OILC 0.80 -0.05 -5.9% ADAVIATION 1.42 -0.08 -5.3%

top volume symbol value (AED) price EMAAR 180,382,359 2.31 DFM 69,056,128 1.28 DIB 66,035,881 2.70 ARTC 59,372,488 1.71 SOROUH 52,688,697 2.53

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