UAE markets 12 Apr 2009

UAE market news & discussions for 12 April 2009 It was a good start to the week with both UAE markets rising over 2%. Abu Dhabi was up 2.2% to 2598 points from modest turnover of AED 290m. Turnover in Dubai was much healthier with almost AED 1 billion worth of trading, and the index rose 2.4% to 1656 points. On the Nasdaq Dubai as of 16:00 UAE time, only DP World (unchanged) and Depa (+5.3%) shares have seen any trading. 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 In Dubai, Arabtec (ARTC) stood out with a solid 9.1% rise to 2.04 and AED 196m of turnover putting it at the top of the traded value table. Emaar Properties (EMAAR) (unchanged) and Dubai Financial Market (DFM) (+1.4%) also saw volumes of more than AED 100m worth. Al Salam Bank Sudan (ALSALAMSUDAN) was 15% limit up although on turnover of less than AED 1m. Dubai Investment Company (DIC) with a 10.5% rise was the best of the actively traded stocks. Deyaar Development (DEYAAR) was up 7% and almost all other stocks traded today rose between 1% and 4%. There were only two losers, Dubai National Insurance & Reinsurance (DNIR) 5% limit down on thin trading, and Dar Takaful Insurance (DARTAKAFUL) down 0.78%. Emaar and Dubai Islamic Insurance (AMAN) were unchanged. Abu Dhabi Securities Exchange The property sector dominated trading in Abu Dhabi today with the top three spots on the turnover held by Sorouh Real Estate (SOROUH) (+7.35%), Aldar Properties (ALDAR) (last trades at 10% limit up), and Ras Al Khaimah Properties (RAKPROP) (+1.75%). Several other stocks closed at 10% limit up prices - Commercial Bank International (CBI), Umm Al Quwain Cement (QCEM), Union National Bank (UNB), and Dana Gas (DANA) but only Dana Gas saw significant trading volumes. Most other stocks rose between 0% and 5%. There were only 5 losers, none falling more than 4%, and only Ras Al Khaimah Ceramics (RAKCEC) (-2.4%) with turnover of more than AED 1m. Emirates Telecom (ETISALAT) was up 1.5% and National Bank of Abu Dhabi (NBAD) up 1.2%.

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
Gulf Navigation buyback sharewadi Sun 12 Apr 2009 15:42 The dark side of Dubai sharewadi Sun 12 Apr 2009 15:40 Dividends sharewadi Sun 12 Apr 2009 15:33 Where is the next party ? girish Sun 12 Apr 2009 14:36 Marketwatch Abu Dhabi Dubai April 2009 Bimcnorth Sat 11 Apr 2009 22:35 AMLAK TAMWEEL suspended ... delisted? Bimcnorth Fri 10 Apr 2009 14:20 Buy Aabar shares? Joe Wed 08 Apr 2009 20:07 DU New offer Moon Wed 08 Apr 2009 18:35 DFM BOD on April 5... Agenda? utopia02 Wed 08 Apr 2009 12:00 Online brokerage Sher Wed 08 Apr 2009 01:49 Why chat rooom is empty? small fry Tue 07 Apr 2009 13:05 DST member introductions GPIC Mon 06 Apr 2009 19:25 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 Non capping special reserve of app. 200m? utopia02 Thu 02 Apr 2009 13:34 Deyaar suspends developments tk Thu 02 Apr 2009 12:39

best stock rises symbol price change ALSALAMSUDAN 2.69 +0.35 +15% DIC 1.26 +0.12 +10.5% CBI 1.70 +0.15 +9.7% ADNH 3.35 +0.29 +9.5% UNB 2.79 +0.24 +9.4%

worst stock falls symbol price change DNIR 2.00 -0.10 -4.8% METHAQ 2.80 -0.09 -3.1% RAKCEC 1.23 -0.03 -2.4% ASMAK 29.40 -0.60 -2% JULPHAR 1.31 -0.02 -1.5%

top volume symbol value (AED) price ARTC 195,568,209 2.04 DFM 163,736,511 1.45 EMAAR 125,793,589 2.48 SOROUH 85,350,009 2.63 DEYAAR 75,751,223 0.61

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