UAE markets 17 Jun 2009

UAE market news & discussions for 17 June 2009 The DFM index fell 2.8% to 2079 points from turnover of just over AED 1 billion while the ADX rose marginally, by 0.11% to 2862 points from turnover of AED 440m. Some emails yesterday suffered a delivery delay. Apologies for that, the problem is being investigated. It has nothing to do with new Saudi border controls as far as we know. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Drake & Scull (DSI) (-1.9% to 1.03 from AED 182m) once again pushed Emaar Properties (EMAAR) (-3.1% to 3.78 from AED 139m) into second place on turnover, while Emarat Takaful Insurance (TAKAFUL-EM) (+5.4% to 2.16 from AED 129m) stood out with a solid gain on substantial volumes, and was the only other stock trading more than AED 100m worth in Dubai. Most stocks were in the red with a majority of them falling between 3% and 5%. Biggest fall was Al Salam Bank Sudan (ALSALAMSUDAN) down 6.8%, followed by National General Cooling (TABREED) down 5.6% and Arab International Logistics (ARMX) down 5.5%. Air Arabia (AIRARABIA) wasn't too badly off with a 1% fall, and Arabtec (ARTC) fell 1.95%. Apart from Takaful Emarat, Dar Takaful Insurance (DARTAKAFUL) was the only other gainer of note, rising 3.6% to 2.90. Global Investment House (GLOBAL) and National Cement Company (NCC) made up the total of 4 gainers, rising on low volumes. Islamic Arab Insurance (IAIC) closed unchanged at 1.34. Abu Dhabi Securities Exchange Ras Al Khaimah Properties (RAKPROP) was again the focus of Abu Dhabi traders with a 2.2% rise to 0.90, and the highest turnover level of AED 137m, the only stock trading more than AED 100m worth. Emirates Driving Company (DRIVE) topped the gainers list with a 10% rise to 4.60 from greater than usual trading, Methaq Islamic Insurance (METHAQ) rose 3.4%, Green Crescent Insurance (GCIC) 2.65%, and the remaining gainers were up less than 2% or on low volumes. Emirates Telecom (ETISALAT) and National Bank of Abu Dhabi (NBAD) were unchanged at 10.50 and 10.40 respectively. Agthia Group (AGTHIA) was the worst of the more active losers with a 1.9% fall to 1.54, Abu Dhabi Commercial Bank (ADCB) fell 1.5%, Waha Capital (OILC) 1.05%, and the remaining losers were down less than 1% or on low turnover.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Technical Analysis DFM ADX OnlineTrader Wed 17 Jun 2009 13:42 Jokes Tarbo Wed 17 Jun 2009 13:38 Live chatroom for UAE stocks OnlineTrader Wed 17 Jun 2009 09:43 Hello Tarbo Wed 17 Jun 2009 09:32 Shuaa DBG share issue sharewadi Wed 17 Jun 2009 09:04 Marketwatch June 2009 DFM ADX sam111sam Wed 17 Jun 2009 08:30 UAE investors trade Saudi Tadawul? Sher Wed 17 Jun 2009 00:08 Why chat room is empty? sharewadi Tue 16 Jun 2009 12:33 Emaar Saudi Kingdom Tower sharewadi Tue 16 Jun 2009 12:15 Mubasher pro disconnection OnlineTrader Tue 16 Jun 2009 10:25 Golden Gate Securities [banned] sharewadi Tue 16 Jun 2009 08:35 Golden Gate Securities suspended sharewadi Tue 16 Jun 2009 08:34 Nearing the end of the 2nd Quarter. GPIC Mon 15 Jun 2009 17:55 Daily Trade Bulletin Dubai Abu Dhabi precious Mon 15 Jun 2009 14:50 Marketwatch ADX DFM February 2009 sam111sam Sun 14 Jun 2009 20:56 Investment status on UAE visa cancellation shareef.abdulka Sun 14 Jun 2009 16:46 Reality vs technical analysis asatya72 Sun 14 Jun 2009 12:14

best stock rises symbol price change GLOBAL 2.11 +0.24 +12.8% DRIVE 4.62 +0.42 +10% NMDC 6.43 +0.58 +9.9% TAKAFUL-EM 2.16 +0.11 +5.4% UNION 3.68 +0.18 +5.1%

worst stock falls symbol price change SCIDC 2.29 -0.19 -7.7% ALSALAMSUDAN 2.88 -0.21 -6.8% TABREED 1.02 -0.06 -5.6% ARMX 1.20 -0.07 -5.5% GGICO 2.00 -0.10 -4.8%

top volume symbol value (AED) price DSI 181,926,109 1.03 EMAAR 138,764,064 3.78 RAKPROP 136,979,776 0.94 TAKAFUL-EM 129,440,679 2.16 ARTC 87,609,859 3.01

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