UAE markets 09 Jun 2009

UAE market news & discussions for 09 June 2009 After a wobbly day, the DFM closed up by 1.2% to 2004 from just over AED 1 billion of turnover, but the ADX ended down by 1.3% at 2789 points from AED 440m of turnover. On Nasdaq Dubai at 14:00 UAE time, DP World and Depa are unchanged, Damas is down 7.6%, GOLD is down 0.2%, and derivatives for Sorouh, Arabtec, and NBAD are all up, from single trades. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) (unchanged at 3.76 from AED 309m) was the dominant stock in Dubai today, followed by Dubai Financial Market (DFM) (+2.2%), Deyaar Development (DEYAAR) (+7.6%), and Arabtec (ARTC) (+4.7%) all trading more than AED 100m each. Top gainer was Union Properties (UPP) (8.6% to 1.01) followed by Deyaar and Gulf Navigation (GULFNAV), both up by 7.6%. Dubai Islamic Insurance (AMAN) rose 6.8%, Dar Takaful Insurance (DARTAKAFUL) 5.8%, National General Cooling (TABREED) 5.6%, and the remainder rose less than 5%. There were 4 losers, with Gulf General Investment (GGICO) and Arab International Logistics (ARMX) the only ones trading more than AED 1m, both falling by less than 1%. Abu Dhabi Securities Exchange None of the Abu Dhabi stocks traded more than AED 100m today. The top three by turnover were the property stocks - Aldar Properties (ALDAR) (-2.2%), Ras Al Khaimah Properties (RAKPROP) (-2.6%), and Sorouh Real Estate (SOROUH) (-2.6%). Most of the actively traded stocks were in the red, with Methaq Islamic Insurance (METHAQ) the worst, falling 5.5%, followed by Arkan Building Materials (ARKAN) down 5.1% from light trading. Aabar Energy (AABAR) fell 3.9%, and the remainder fell less than 3% or on turnover of less than AED 1m. There were 14 gainers but only Agthia Group (AGTHIA) and Abu Dhabi Commercial Bank (ADCB) saw more than AED 1m worth of deals, both rising by less than 1%.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch June 2009 DFM ADX OnlineTrader Tue 09 Jun 2009 10:45 Reality vs technical analysis OnlineTrader Tue 09 Jun 2009 08:29 Sharewadi meeting at Nasdaq Dubai jhar Mon 08 Jun 2009 20:34 DAMAS...is it a good buy? Ray Mon 08 Jun 2009 12:24 Mubasher pro disconnection OnlineTrader Sun 07 Jun 2009 22:27 Brokerage Licence - how to get one? rafaelopes Sun 07 Jun 2009 18:53 BOVESPA rafaelopes Sun 07 Jun 2009 17:56 GLOBAL 2009FY loss KWD297m sharewadi Thu 04 Jun 2009 14:57 DIC dividends dxb Thu 04 Jun 2009 10:11 Aldar vs Sorouh vs RAK Properties sharekiddy Thu 04 Jun 2009 10:07 Arabtec Gazprom darwin17 Wed 03 Jun 2009 19:16 DPW day trading - broker manipulation? sharewadi Wed 03 Jun 2009 15:45 Online charts for Dubai Stocks small fry Wed 03 Jun 2009 08:57 Emaar profit booking? dxb Tue 02 Jun 2009 13:24 UPP buy or sell? sharewadi Mon 01 Jun 2009 14:54 Ektittab not traded asatya72 Sun 31 May 2009 14:52 Market Watch May 2009 DFM ADX sharekiddy Sun 31 May 2009 13:38

best stock rises symbol price change UPP 1.01 +0.08 +8.6% GULFNAV 0.85 +0.06 +7.6% DEYAAR 0.85 +0.06 +7.6% AMAN 1.25 +0.08 +6.8% DARTAKAFUL 1.65 +0.09 +5.8%

worst stock falls symbol price change ASMAK 23.40 -2.60 -10% NCTH 4.80 -0.40 -7.7% AKIC 0.84 -0.05 -5.6% METHAQ 5.31 -0.31 -5.5% ARKAN 4.64 -0.25 -5.1%

top volume symbol value (AED) price EMAAR 309,359,479 3.76 DFM 123,998,416 1.89 DEYAAR 123,226,486 0.85 ARTC 113,550,765 2.90 ALDAR 89,099,368 4.51

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