UAE markets 11 May 2009

UAE market news & discussions for 11 May 2009 UAE markets declined today with almost all of the actively traded stocks in the red although on the bright side, turnover was also down. Only Union National Bank, First Gulf Bank, and Sharjah Cement in Abu Dhabi, and Aramex in Dubai, were gainers of note. The DFM fell 1.4% to 1652 points from turnover of AED 425m, and the ADX fell 1.8% to 2613 points from turnover of AED 180m. On the Nasdaq Dubai at 15:00 UAE time, DP World is up 3.9% to $0.37, Boulder Steel is down $0.01 or 27% from just one trade, Depa is up 1.2%, GOLD is down 0.38%, and FGB derivatives are up 3%. 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) with a 5.4% fall to 2.44, was the worst loser and the most heavily traded stock by far today with AED 212m worth of turnover more than four times as much as the next in the list, Emaar Properties (EMAAR) at AED 49m falling just 0.39% to 2.58. Dubai Islamic Insurance (AMAN) and Drake & Scull (DSI) fell 3.7%, Deyaar Development (DEYAAR) fell 3.1%, and all other losers fell less than 3%. Of the five gainers, only Arab International Logistics (ARMX) traded more than AED 1m, and rose 1.75% to 1.16. National General Cooling (TABREED) was unchanged at 0.74. Abu Dhabi Securities Exchange The top three stocks by turnover in Abu Dhabi today were Aldar Properties (ALDAR) (-2.5% to 3.87, AED 63m), Sorouh Real Estate (SOROUH) (-2.1% to 2.83, 32m), and Abu Dhabi National Energy (TAQA) (-6.6% to 1.70, AED 23m) which was the worst loser of the day. Other losers included National Bank of Abu Dhabi (NBAD) down 4.3%, Ras Al Khaimah Cement (RAKCC), Ras Al Khaimah Properties (RAKPROP), and Aabar Energy (AABAR) down 3.3%. Most other stocks fell less than 3% or on thin trading. Emirates Telecom (ETISALAT) was unchanged at AED 10.05. There were only 5 gainers, including Sharjah Cement (SCIDC) up 5.2%, Union National Bank (UNB) up 4.1%, and First Gulf Bank (FGB) up 1.7%.

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
ARTC insider selling today sharewadi Mon 11 May 2009 15:12 Allocation of shares dxb Mon 11 May 2009 15:05 WHAT IS INSIDER'S TRADERS? MYREDMARKS Mon 11 May 2009 15:00 Credit Suisse Report on UAE Banks sharewadi Mon 11 May 2009 14:51 Air Arabia declare 10% cash dividend sharewadi Mon 11 May 2009 14:18 Market Watch sharewadi Mon 11 May 2009 14:13 DSI BOD meeting? dxb Mon 11 May 2009 10:49 Best buy today for Dubai day trade? sajad Mon 11 May 2009 09:51 Best UAE broker? MYREDMARKS Mon 11 May 2009 09:03 Switching shares to ARTC rmhumr Mon 11 May 2009 08:24 Aldar vs Sorouh vs RAK Properties thajuddeen Mon 11 May 2009 07:20 This site is going up! Sher Sun 10 May 2009 21:14 Stuck with Shuaa? moor Sun 10 May 2009 16:52 Sharewadi Annual Meeting - (Suggestions) MYREDMARKS Sun 10 May 2009 15:16 Air Arabia 2008Q4 profit AED136m +45% joeoma Sun 10 May 2009 12:52 Arabtec new projects $4.5 billion! spin Sun 10 May 2009 10:26 AA dividend sharewadi Sat 09 May 2009 13:29

best stock rises symbol price change ARIG 2.33 +0.30 +14.8% EKTTITAB 0.90 +0.06 +7.1% SCIDC 2.24 +0.11 +5.2% DNIR 2.20 +0.10 +4.8% UNB 3.27 +0.13 +4.1%

worst stock falls symbol price change GMPC 2.90 -0.30 -9.4% TAQA 1.70 -0.12 -6.6% GCEM 2.32 -0.15 -6.1% ARTC 2.44 -0.14 -5.4% NBAD 9.81 -0.44 -4.3%

top volume symbol value (AED) price ARTC 211,713,048 2.44 ALDAR 62,854,453 3.90 EMAAR 48,977,290 2.58 DSI 48,450,784 0.79 SOROUH 32,057,058 2.84

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