UAE markets 13 May 2009

UAE market news & discussions for 13 May 2009 Dubai dropped 1.2% today to 1652 points from turnover of AED 688m with almost all traded stocks in the red, while the Abu Dhabi market rose 0.36% to 2623 points from turnover of AED 283m. On the Nasdaq Dubai at 15:45 UAE time, DP World is down 2.1%, GOLD is up 1.1%, and Emaar derivatives are up 2.2%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Sharewadi calendar - important dates Dubai Financial Market Arabtec (ARTC), with almost AED 350m of turnover, was by far the dominant stock in Dubai today, and fell 2.3% to 2.52. A long way behind on activity levels was Emaar Properties (EMAAR) with AED 100m of trading and a 1.5% drop to 2.59. National General Cooling (TABREED) was the worst loser with a 7.5% decrease to 0.74. Gulf Navigation (GULFNAV) fell 3.1%, Deyaar Development (DEYAAR) 3.0%, Emirates Integrated Telecommunications (DU) 2.55%, and other losers fell less than 2% or on low turnover. There were only two gainers, Al Salam Bank Sudan (ALSALAMSUDAN) up 1.5% on low turnover, and Islamic Arab Insurance (IAIC) up 1.2%. Dubai Financial Market (DFM) and Emirates NBD (ENBD) closed unchanged. Abu Dhabi Securities Exchange Aldar Properties (ALDAR), as usual, was the top traded stock in Abu Dhabi with just over AED 100m worth of deals and a 1.8% increase to 3.90. Most of the active stocks were in the green including a solid 10% limit up close for Methaq Islamic Insurance (METHAQ), an 8.8% rise for Finance House (FH), 3.85% for First Gulf Bank (FGB) and over 2% for Dana Gas (DANA) and Agthia Group (AGTHIA). Other gainers were up by less than 2% or on thin trading. The loser's list included Abu Dhabi National Hotels (ADNH) down 3.8%, Sharjah Islamic Bank (NBS) down 1.9%, Ras Al Khaimah Properties (RAKPROP) down 1.6%, National Bank of Abu Dhabi (NBAD) down 1.0% and the others falling less than 1% or on low volumes. Emirates Telecom (ETISALAT) dropped by just 0.1% to 9.95.

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
Best buy today for Dubai day trade? sharewadi Wed 13 May 2009 16:02 Gulf Navigation recovery not yet sharewadi Wed 13 May 2009 15:59 Market Watch bio4jaa Wed 13 May 2009 15:51 ARTC insider selling today sharewadi Wed 13 May 2009 15:44 Credit Suisse report UAE banks rainbow2009 Wed 13 May 2009 04:52 ETISALAT Iran mobile licence ixtira Tue 12 May 2009 23:37 Aldar vs Sorouh vs RAK Properties thajuddeen Tue 12 May 2009 20:46 DST member introductions sharewadi Tue 12 May 2009 14:08 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 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 This site is going up! Sher Sun 10 May 2009 21:14

best stock rises symbol price change DRIVE 3.79 +0.34 +9.9% FH 5.45 +0.44 +8.8% METHAQ 2.72 +0.15 +5.8% FGB 12.15 +0.45 +3.8% RAKBANK 3.79 +0.10 +2.7%

worst stock falls symbol price change UNION 3.52 -0.39 -10% GMPC 2.96 -0.31 -9.5% JULPHAR 1.39 -0.13 -8.6% TABREED 0.74 -0.06 -7.5% ASMAK 23.50 -1.50 -6%

top volume symbol value (AED) price ARTC 346,390,230 2.52 ALDAR 105,804,831 3.98 EMAAR 98,343,938 2.59 DSI 62,086,385 0.80 SOROUH 41,736,646 2.87

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