UAE markets 06 May 2009

UAE market news & discussions for 06 May 2009 The DFM and ADX continued to build on this week's gains, especially in Dubai with a 1.3% increase to 1655 points from turnover of AED 862m, over a third of that from trading in Arabtec shares. Abu Dhabi was up a more modest 0.5% to 2591 points with solid turnover of AED 603m, over half of that from trading in the property stocks Aldar and Sorouh. On Nasdaq Dubai at 16:30 shortly before closing, DP World is up 10.3%, Depa is up 5.3%, Boulder Steel is up 7.1%, and there have been single trades in DP World derivatives (+2.1%), GOLD (-0.5%), and Emaar derivatives (+1.1%). UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market As mentioned, Arabtec (ARTC) was heavily traded with AED 336m worth of turnover from 145m shares and the stock was almost at the top of the gainers list with a 5.4% rise to 2.35. Emaar Properties (EMAAR) was the only other stock trading more than AED 100m worth - AED 156m total value and a 2.0% rise to 2.51. Union Properties (UPP) (+5.5%) was the best gainer of the day except for a single small trade in Arab Insurance Group (ARIG). Emirates Integrated Telecommunications (DU) went 5% limit up with no sellers in the queue, National General Cooling (TABREED) rose 4.6%, and most other actively traded stocks rose less than 2.5%. There were 8 losers, all except Emarat Takaful Insurance (TAKAFUL-EM) (-1.6%) on turnover of less than AED 1m, including Emirates NBD (ENBD) which fell 1.8% to 2.79. Abu Dhabi Securities Exchange Three stocks in Abu Dhabi cracked the AED100m worth of turnover level today: Aldar Properties (ALDAR) up 3.2% from AED 222m worth of deals, Sorouh Real Estate (SOROUH) up 2.2% from AED 120m, and Aabar Energy (AABAR) up 4.3% from AED 102m. Sharjah Islamic Bank (NBS) was the best gainer on active trading with a 6.3% rise to 1.02, all other gainers were up less than 2% or on thin trading, including National Bank of Abu Dhabi (NBAD) (+1.8%), and First Gulf Bank (FGB) (+1.45%), while Emirates Telecom (ETISALAT) was unchanged at 10.00. Abu Dhabi Commercial Bank (ADCB) was the worst of the actively traded losers, falling 3.2%, followed by Union National Bank (UNB) down 2.4% and Dana Gas (DANA) down 2.2%. The other losers fell less than 2% 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
Sharewadi Annual Meeting - (Suggestions) deabmanwalking Wed 06 May 2009 15:10 Rak Prop dividend MNK Wed 06 May 2009 14:29 Dana dividend novice Wed 06 May 2009 11:45 DIC entitlement date adeelakhtar Wed 06 May 2009 11:04 ARTC insider selling today Cash King Wed 06 May 2009 08:51 Sharewadi & Sam local heroes sharewadi Tue 05 May 2009 15:53 Market Watch thajuddeen Tue 05 May 2009 15:32 Aldar Vs Sorouh sam111sam Mon 04 May 2009 19:46 UAE dividend checks? khurrammts Mon 04 May 2009 16:49 Where is the next party ? girish Mon 04 May 2009 16:23 UPP 2009Q1 profit 30m -87% sharewadi Mon 04 May 2009 16:06 EMAAR 2009Q1 profit AED237m -74% sharewadi Mon 04 May 2009 15:40 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

best stock rises symbol price change ARIG 1.77 +0.23 +14.9% TKFL 5.88 +0.53 +9.9% NBS 1.01 +0.06 +6.3% AAAIC 71.05 +4.05 +6% GCEM 2.80 +0.15 +5.7%

worst stock falls symbol price change FOODCO 1.83 -0.20 -9.9% NCTH 5.20 -0.48 -8.5% GMPC 3.00 -0.15 -4.8% EKTTITAB 0.86 -0.04 -4.4% ALFIRDOUS 1.09 -0.05 -4.4%

top volume symbol value (AED) price ARTC 335,722,307 2.35 ALDAR 221,931,900 3.82 EMAAR 155,840,909 2.51 SOROUH 119,589,477 2.80 AABAR 101,858,918 2.41

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