UAE markets 12 May 2009

UAE market news & discussions for 12 May 2009 Dubai recovered from yesterday's fall with a 1.2% rise to 1672 points from increased volumes of AED 593m while Abu Dhabi barely moved with a 0.01% rise to 2614 points and turnover at a modest AED 223m. On the Nasdaq Dubai at 14:30 UAE time, DP World is up 1.35%, Boulder Steel up 11.1%, Depa up 4.65%, and Shuaa derivatives up 1.4%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Sharewadi calendar - important dates Dubai Financial Market Arabtec (ARTC) bounced back 5.7% to 2.58 on turnover of AED 212m, almost three times as much as number two in the list, Emaar Properties (EMAAR), with an increase of 1.9% to 2.63. Except for a single small trade in Ektitab Holding (EKTTITAB), National General Cooling (TABREED) was the top gainer with a rise of 8.1% to 0.80 and AED 65m worth of deals. Most other stocks rose less than 3% except for Gulf Navigation (GULFNAV) up 3.2% and Deyaar Development (DEYAAR) up 4.8%. There were only three losers, including Emirates NBD (ENBD) down 0.36%, none on turnover of more than AED 1m. Abu Dhabi Securities Exchange The three property stocks were at the top of the turnover table in Abu Dhabi, although none saw more than AED 100m worth of trading. Aldar Properties (ALDAR) rose just 0.26%, Sorouh Real Estate (SOROUH) was unchanged, and Ras Al Khaimah Properties (RAKPROP) was up a more appealing 3.4%. Other gainers included Sharjah Cement (SCIDC) up 3.6%, Abu Dhabi National Energy (TAQA) up 1.8%, Waha Capital (OILC) up 1.4% and the remainder up less than 1% or on thin trading. Finance House (FH) topped the loser's list with a fall of 3.3%, National Bank of Abu Dhabi (NBAD) fell 1.6%, Dana Gas (DANA) 1.1%, Abu Dhabi Islamic Bank (ADIB), Abu Dhabi Commercial Bank (ADCB), Union National Bank (UNB), and First Gulf Bank (FGB) all by less than 1%, and the other losers on turnover of less 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
ARTC insider selling today sharewadi Tue 12 May 2009 14:23 DST member introductions sharewadi Tue 12 May 2009 14:08 Market Watch sharewadi Tue 12 May 2009 13:59 Best buy today for Dubai day trade? limitup Mon 11 May 2009 23:19 ETISALAT Iran mobile licence sharewadi Mon 11 May 2009 19:10 Important(ish) News from DRC AGM sharewadi Mon 11 May 2009 19:06 SUDATEL 2008Q4 profit Dh87m +61% ixtira Mon 11 May 2009 18:39 What is Insider Trading? sharewadi Mon 11 May 2009 15:26 Allocation of shares dxb Mon 11 May 2009 15:05 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 DSI BOD meeting? dxb Mon 11 May 2009 10:49 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

best stock rises symbol price change EKTTITAB 1.00 +0.10 +11.1% OEIHC 1.27 +0.11 +9.5% GMPC 3.17 +0.27 +9.3% TABREED 0.80 +0.06 +8.1% INVESTB 1.60 +0.10 +6.7%

worst stock falls symbol price change GGICO 1.85 -0.09 -4.6% FH 5.01 -0.17 -3.3% RAKCEC 1.32 -0.04 -2.9% RAPCO 1.61 -0.04 -2.4% NMDC 7.76 -0.16 -2%

top volume symbol value (AED) price ARTC 211,765,259 2.58 ALDAR 85,367,691 3.91 EMAAR 71,233,521 2.63 TABREED 65,112,036 0.80 DFM 48,432,797 1.37

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