UAE markets 30 Apr 2009

UAE market news & discussions for 30 April 2009 The UAE markets finished the week on a stronger note with gains across the board. Dubai was up 0.5% to 1606 points from turnover of AED 527m, and Abu Dhabi was up 1.2% to 2527 points although turnover was relatively light at AED 229m. Emaar released 2009 Q1 results this afternoon, showing a profit but well down on 2008 Q1 figures. On the Nasdaq Dubai as of 15:30 UAE time, DP World is up 8%, and there has been a handful of trades on Emaar, Shuaa, and DFM derivatives - all in the green, and GOLD, also up slightly. 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 Arabtec (ARTC) continued to dominate the Dubai trading floor, with AED 184m worth of shares traded and a 7.1% rise to 2.12. Dubai Investment Company (DIC) shares were also popular and rose 7.5%, the best gainer of the day. Emaar Properties (EMAAR) share price was unchanged, and was in third place on the traded value table. Most other stocks rose less than 4% or on thin trading, with prices for 7 of the more active stocks closing at the same level as yesterday. Only 4 stocks fell, including Mashreq Bank (MASQ) 5% limit down but on low volumes, and Dubai Islamic Bank (DIB) down 1.3%, the only one of the actively traded stocks in the red. Abu Dhabi Securities Exchange In Abu Dhabi, the top three stocks by turnover were Aldar Properties (ALDAR) (+3.4%), Sorouh Real Estate (SOROUH) (+3.7%) and Emirates Telecom (ETISALAT) (+0.1%) while Commercial Bank International (CBI) (+6.7%), Abu Dhabi Islamic Bank (ADIB) (+6.3%), and Dana Gas (DANA) (+6.25%) were the top gainers on turnover of more than AED 1m. Other gainers included First Gulf Bank (FGB) up 4.75%, Sharjah Cement (SCIDC) with an average increase of 4.6% but closing prices limit up with no sellers in the queue and much heavier than usual trading. The remaining gainers rose less than 4% or on low trading levels. There were 9 losers but only Abu Dhabi National Energy (TAQA) (-6.7%) and Sharjah Islamic Bank (NBS) (-1.1%) saw trading of more 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
EMAAR 2009Q1 profit AED237m -74% sam111sam Thu 30 Apr 2009 15:21 Where is the next party ? sharewadi Thu 30 Apr 2009 15:16 Emirates NBD 2009Q1 profit AED1.3bn +5% sharewadi Thu 30 Apr 2009 12:52 Emaar AGM sharewadi Thu 30 Apr 2009 00:56 UAE dividend checks? rmhumr Wed 29 Apr 2009 22:30 DU Upper limit... Moon Wed 29 Apr 2009 20:31 DFM 2009Q1 profit AED59m -81% sharewadi Wed 29 Apr 2009 16:49 DFM Dividend checks received? utopia02 Wed 29 Apr 2009 16:17 DP World $2.30 on Mubasher!? Foreigner Wed 29 Apr 2009 12:46 House prices may plunge 70% in Dubai (!) shareef.abdulka Wed 29 Apr 2009 09:27 Aldar 2009Q1 profit AED889m -35% sam111sam Tue 28 Apr 2009 19:05 UAE banks Global report sharewadi Tue 28 Apr 2009 16:42 DIB 2009Q1 profit AED370m -34% sharewadi Tue 28 Apr 2009 16:32 DFM index update sharewadi Tue 28 Apr 2009 16:21 Dana new CEO sharewadi Tue 28 Apr 2009 16:18 GCC property Colliers report sharewadi Tue 28 Apr 2009 15:56 Colliers Dubai HPI 2009Q1 sharewadi Tue 28 Apr 2009 15:42

best stock rises symbol price change ASMAK 26.50 +2.40 +10% JULPHAR 1.39 +0.11 +8.6% DIC 1.44 +0.10 +7.5% ARTC 2.12 +0.14 +7.1% CBI 2.24 +0.14 +6.7%

worst stock falls symbol price change OEIHC 1.13 -0.12 -9.6% ALSALAMSUDAN 2.02 -0.15 -6.9% TAQA 1.80 -0.13 -6.7% DARTAKAFUL 1.25 -0.09 -6.7% MASQ 129.35 -6.80 -5%

top volume symbol value (AED) price ARTC 184,669,630 2.12 DIC 116,917,045 1.44 ALDAR 71,604,106 3.36 EMAAR 53,457,636 2.35 DFM 46,104,932 1.31

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