UAE markets 06 Apr 2009

UAE market news & discussions for 06 April 2009 The ADX in Abu Dhabi rose 0.54% to 2556 points and turnover increased to AED 469m. The DFM in Dubai fell 0.27% to 1621 points despite Tabreed heading limit up, and turnover was down to AED 685m. On the Nasdaq Dubai at 15:00 UAE time, DP World, Depa, and Boulder Steel have all traded unchanged, while derivatives for Sorouh and Aldar are up 8% and 15% respectively. 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 National General Cooling (TABREED) led the gainers with 15% limit up trading at 0.77, and no sellers in the queue. Dubai Financial Market (DFM), down 2.1%, and Emaar Properties (EMAAR), unchanged, were the two most heavily traded stocks, both with over AED 100m worth of turnover. Arabtec (ARTC) also fell 2.1% but with turnover a little under AED 100m. Other gainers included Gulf Navigation (GULFNAV) up 3.3%, Deyaar Development (DEYAAR) up 1.8%, Emarat Takaful Insurance (TAKAFUL-EM) up 1.7%, Union Properties (UPP) up 1.3%, and the reminder up less than 1% or on thin trading. Dubai Islamic Insurance (AMAN) was the worst of the actively traded losers today, falling 2.8% to 1.04, followed by Emirates NBD (ENBD) with a 2.4% fall on thin trading, Dubai Islamic Bank (DIB) down 1.3%, Islamic Arab Insurance (IAIC) 1.2%, Air Arabia (AIRARABIA) 1.0%, and Emirates Integrated Telecommunications (DU) 0.84%. Abu Dhabi Securities Exchange Several stocks closed at 10% limit up prices in Abu Dhabi today, including Aldar Properties (ALDAR) on turnover of AED 120m, Dana Gas (DANA), Ras Al Khaimah Properties (RAKPROP), and Ras Al Khaimah Ceramics (RAKCEC). The most heavily traded stock was Sorouh Real Estate (SOROUH) with a 3.1% rise to 2.64 and AED 240m worth of trades. Apart from property, most banks saw gains today, National Bank of Abu Dhabi (NBAD) up 4.7%, Union National Bank (UNB) up 3.8%, National Bank of Umm Al Quwain (NBQ) up 3.7% on greater than usual trading, Abu Dhabi Islamic Bank (ADIB) up 2%, but First Gulf Bank (FGB) could only manage a 0.63% rise. Green Crescent Insurance (GCIC) was the worst of the losers trading more than AED 1m, dropping 4.2% to 1.12. Waha Capital (OILC) fell 3.3%, Abu Dhabi Commercial Bank (ADCB) was one of the few banks in the red with a 2.8% fall, Emirates Telecom (ETISALAT) was down 1.4% and several other stocks fell less than 2% or on thin trading.

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
Where is the next party ? sam111sam Mon 06 Apr 2009 14:01 AMLAK TAMWEEL suspended ... delisted? AUHanalyst Mon 06 Apr 2009 11:54 DST member introductions sharewadi Mon 06 Apr 2009 09:23 Marketwatch Abu Dhabi Dubai April 2009 sharewadi Mon 06 Apr 2009 09:12 Air Arabia 2008Q4 profit AED136m +45% sharewadi Sun 05 Apr 2009 13:53 DU Upper limit... sm2000 Sat 04 Apr 2009 21:48 ENBD 2008Q4 profit Dh15m -99% bandakok Fri 03 Apr 2009 11:39 Buy Aabar shares? Joe Fri 03 Apr 2009 00:07 Non capping special reserve of app. 200m? utopia02 Thu 02 Apr 2009 13:34 Deyaar suspends developments tk Thu 02 Apr 2009 12:39 Dana Gas buy and sell orders dov222 Thu 02 Apr 2009 01:01 DFM BOD on April 5... Agenda? Sher Thu 02 Apr 2009 00:33

best stock rises symbol price change TABREED 0.77 +0.10 +14.9% EKTTITAB 1.00 +0.12 +13.6% ALSALAMSUDAN 1.55 +0.17 +12.3% RAKBANK 3.45 +0.29 +9.2% ADAVIATION 1.72 +0.14 +8.9%

worst stock falls symbol price change UNION 3.39 -0.34 -9.1% UCC 1.90 -0.11 -5.5% DNIR 2.10 -0.10 -4.5% GCIC 1.14 -0.05 -4.2% ARKAN 4.05 -0.17 -4%

top volume symbol value (AED) price SOROUH 239,810,610 2.63 DFM 136,560,511 1.39 ALDAR 120,443,386 3.49 EMAAR 107,118,222 2.52 ARTC 94,704,711 1.86

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