UAE markets 21 May 2009

UAE market news & discussions for 21 May 2009 There was a small gain of 0.26% to 1667 points on the DFM today, from modest turnover of AED 257m. The ADX was almost unchanged with a 0.02% (less than one point) decrease to 2612.53 points from turnover of AED 350m - unusual to see trading volumes higher than Dubai. On the Nasdaq Dubai at 14:30 UAE time, DP World is down 3.6%, GOLD is up 1.3%, and Emaar derivatives are up 1.0%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Arabtec (ARTC) was still at the top of the turnover table with just over AED 100m worth of deals and a slight fall of 0.38% (just 1 fil) to 2.59. Emaar Properties (EMAAR) rose 0.77% to 2.62 from turnover of just AED 39m. Arab International Logistics (ARMX) was the best gainer with a 6.9% rise to 1.24, Dar Takaful Insurance (DARTAKAFUL) was up 6.7%, and the remaining gainers rose less than 2% or on thin trading. Many of the actively traded stocks closed unchanged from yesterday, including Drake & Scull (DSI), Air Arabia (AIRARABIA), Dubai Investment Company (DIC), and Emirates NBD (ENBD). In the loser's list, Deyaar Development (DEYAAR) and Gulf Navigation (GULFNAV) were the worst of the more active stocks, falling 1.6% each. The other losers fell less than 1% or on thin trading. Abu Dhabi Securities Exchange Dana Gas (DANA) gas was the most popular stock by turnover in Abu Dhabi with a 3.0% rise to 1.04 from just under AED 100m worth of deals. Methaq Islamic Insurance (METHAQ) topped the gainers list closing 10% limit up at 4.40 - a share price that seems vastly overinflated, especially in the current economic climate. Abu Dhabi National Energy (TAQA) rose 3.5%, Green Crescent Insurance (GCIC) 2.5%, and the remaining gainers up less than 2% or on low trading volumes. Agthia Group (AGTHIA) was the worst of the more active losers with a 4.1% fall to 1.40, Ras Al Khaimah Cement (RAKCC) saw heavier than usual trading and fell 2.3%, Umm Al Quwain Cement (QCEM) dropped 2.3%, and the other losers fell less than 2% or on thin trading. Emirates Telecom (ETISALAT) was down 0.4%, Aldar Properties (ALDAR) fell 1.5%, and National Bank of Abu Dhabi (NBAD) was up 1.15%.

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
Drake Scull Kingdom of Sheba contract MAGANG Thu 21 May 2009 14:33 Sharewadi Annual Meeting - (Suggestions) sharewadi Thu 21 May 2009 14:31 UAE withdraws from GCC monetary union sammy Thu 21 May 2009 11:23 Market Watch sam111sam Thu 21 May 2009 10:16 Wall Street virtual stock trade game wallsctockbe Wed 20 May 2009 20:32 Aldar vs Sorouh vs RAK Properties thajuddeen Wed 20 May 2009 17:29 UPP buy or sell? maq3012 Tue 19 May 2009 15:43 Dubai Mall Rental Revenue Dsh950 in 2009 sammy Tue 19 May 2009 13:01 DIC dividends dxb Mon 18 May 2009 21:32 RAK Properties dividend Tenbagger Mon 18 May 2009 20:48 What if I be a full time trader? limitup Sun 17 May 2009 16:47 Gulf Navigation recovery not yet sharewadi Sun 17 May 2009 13:33 Air Arabia shares sell? limitup Sat 16 May 2009 19:47 Credit Suisse report UAE banks D0nQuixote Fri 15 May 2009 10:23 GGICO 2008Q4 loss Dh-24m -112% thajuddeen Thu 14 May 2009 09:03 Best buy today for Dubai day trade? sharewadi Wed 13 May 2009 16:02 ARTC insider selling today sharewadi Wed 13 May 2009 15:44

best stock rises symbol price change EKTTITAB 1.14 +0.10 +9.6% METHAQ 4.33 +0.33 +8.3% ARMX 1.24 +0.08 +6.9% DARTAKAFUL 1.44 +0.09 +6.7% ALSALAMSUDAN 2.32 +0.12 +5.5%

worst stock falls symbol price change NMDC 6.84 -0.76 -10% NBQ 3.20 -0.30 -8.6% TKFL 5.11 -0.24 -4.5% AGTHIA 1.41 -0.06 -4.1% DNIR 2.38 -0.09 -3.6%

top volume symbol value (AED) price ARTC 100,184,995 2.59 DANA 94,711,363 1.04 ALDAR 56,688,111 3.85 EMAAR 38,600,262 2.62 RAKPROP 31,514,892 0.62

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