UAE markets 04 May 2009

UAE market news & discussions for 04 May 2009 A better day today in the UAE with the ADX in Abu Dhabi up 1.7% to 2562 points from turnover of AED 400m, and the DFM in Dubai rising 2.4% to 1622 points from turnover of AED 416m. On the Nasdaq Dubai as of 15:00 UAE time, DP World is up 5.9%, Depa is unchanged, DP World derivatives are up 5.4% and Arabtec derivatives are unchanged, all on single trades except for DP World shares. UAE financial news - latest news from Reuters, Bloomberg and UAE media Sharewadi calendar - important dates Dubai Financial Market Arabtec (ARTC) was the only stock trading more than AED 100m in Dubai today, gaining 5.9% to close at 2.16. Arab International Logistics (ARMX) was the top gainer with an 8.5% rise to 1.02, Islamic Arab Insurance (IAIC) also saw a solid 6.4% rise, and Emaar Properties (EMAAR) was up 5.7% to 2.41. Almost all other stocks were in the green with rises between 1% and 5%. There were only two losers, Al Salam Bank (SALAM_BAH) down 1.8% on thin trading, and Union Properties (UPP) down 1.3% after announcing a fall in profits for 2009 Q1. Three stocks were unchanged including Emirates NBD (ENBD) at 2.79. Abu Dhabi Securities Exchange Aldar Properties (ALDAR) was the only stock in Abu Dhabi trading more than AED 100m, and rose 5.4% to 3.60. Aabar Energy (AABAR) stood out in the actively traded stocks list with a closing price 10% limit up at 2.23. Two other less actively traded stocks, Commercial Bank International (CBI) and Abu Dhabi Aviation (ADAVIATION), also had limit up closing trades. Other good gains for Sharjah Cement (SCIDC) up 8.7% on heavier than usual trading, Waha Capital (OILC), First Gulf Bank (FGB), and Ras Al Khaimah Properties (RAKPROP) up more than 5%, and Sorouh Real Estate (SOROUH) and Dana Gas (DANA) up 4.8%. The remaining gainers were up less than 4% or on low volumes. Emirates Telecom (ETISALAT) was up just 0.5%, and National Bank of Abu Dhabi (NBAD) by 2%. There were 6 losers, and only Ras Al Khaimah White Cement (RAKWCT), down 1.3%, saw more than AED1m of traded value.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
UPP 2009Q1 profit 30m -87% sharewadi Mon 04 May 2009 16:06 EMAAR 2009Q1 profit AED237m -74% sharewadi Mon 04 May 2009 15:40 Sharewadi & Sam local heroes sharewadi Mon 04 May 2009 15:37 Aldar Vs Sorouh sharewadi Mon 04 May 2009 15:34 Where is the next party ? sam111sam Mon 04 May 2009 15:26 ARTC insider selling today sharewadi Mon 04 May 2009 15:25 Market Watch spin Mon 04 May 2009 14:12 UAE dividend checks? jhar Mon 04 May 2009 09:20 Aramex 2009Q1 profit AED43m +19% sharewadi Sun 03 May 2009 15:39 DIC 2009Q1 profit AED269m -45% sharewadi Sun 03 May 2009 13:36 Buy Aabar shares? small fry Sat 02 May 2009 22:28 DFM Dividend checks received? mnazarh Fri 01 May 2009 09:01 Emirates NBD 2009Q1 profit AED1.3bn +5% sharewadi Thu 30 Apr 2009 12:52 Emaar AGM sharewadi Thu 30 Apr 2009 00:56 DU Upper limit... Moon Wed 29 Apr 2009 20:31 DFM 2009Q1 profit AED59m -81% sharewadi Wed 29 Apr 2009 16:49 DP World $2.30 on Mubasher!? Foreigner Wed 29 Apr 2009 12:46

best stock rises symbol price change CBI 2.46 +0.22 +9.8% SCIDC 1.88 +0.15 +8.7% ARMX 1.02 +0.08 +8.5% AKIC 0.90 +0.07 +8.4% OILC 0.74 +0.05 +7.2%

worst stock falls symbol price change JULPHAR 1.38 -0.08 -5.5% UNION 3.76 -0.20 -5.1% TKFL 5.10 -0.12 -2.3% ADNH 3.40 -0.08 -2.3% SALAM_BAH 1.09 -0.02 -1.8%

top volume symbol value (AED) price ARTC 129,994,938 2.16 ALDAR 124,681,055 3.49 SOROUH 75,484,017 2.61 DIC 65,316,458 1.43 EMAAR 57,694,676 2.41

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