UAE markets 05 Jul 2009

UAE market news & discussions for 05 July 2009 The ADX fell 1.3% to 2637 points from turnover of AED 295m, or AED 151m if the trades in NBAD convertible notes were excluded (worth AED 144m). The DFM fell 3.6% to 1756 points from turnover of AED 343m. On the Nasdaq Dubai, DP World fell 3.9% and Depa was unchanged. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) (-7.1% to 2.60 from AED 92m) was the most active stock in Dubai today, and almost the worst loser, but still traded less than AED 100m worth. Dar Takaful Insurance (DARTAKAFUL) (-7.2% to 2.18 from AED 1.3m) was the worst loser. Arab International Logistics (ARMX) fell 7.1%, Gulf Navigation (GULFNAV) 6.25%, and most other stocks fell between 3% and 6%. Dubai Investment Company (DIC), Drake & Scull (DSI), Air Arabia (AIRARABIA), and Emirates NBD (ENBD) were the least bad losers, falling less than 3%. There were only two gainers, Ektitab Holding (EKTTITAB) and Al Salam Bank Sudan (ALSALAMSUDAN), both on low volumes. Abu Dhabi Securities Exchange National Bank of Abu Dhabi (NBAD) convertible notes made up about half the total turnover in Abu Dhabi today, and traded 10% down at 90.00. Aldar Properties (ALDAR) (-4.7% to 3.60 from AED 42m) was the most actively traded stock otherwise. Abu Dhabi National Insurance (ADNIC) and Fujairah Cement Industries (FCI) closed at 10% limit down prices but with a total of only 3 small trades between them. Aabar Energy (AABAR) (6.6% to 1.98 from AED 7.7m) was the worst of the more active losers, Gulf Pharmaceutical Industries (JULPHAR) fell 5.9% on low volumes, Sorouh Real Estate (SOROUH) fell 5.0%, and the remaining losers fell less than 5%. There were only 6 gainers including Arkan Building Materials (ARKAN) up 4.7%, Abu Dhabi Aviation (ADAVIATION) up 3.9%, Abu Dhabi Commercial Bank (ADCB) and Union National Bank (UNB) up just over 1%.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch DFM ADX July 2009 spiders Sun 05 Jul 2009 16:31 Daily Trade Bulletin Dubai Abu Dhabi spiders Sun 05 Jul 2009 12:23 Short term trade is against Islamic values? Bill Gates Sun 05 Jul 2009 10:57 Emaar Algeria withdrawal sharewadi Sat 04 Jul 2009 21:00 Aldar vs Sorouh vs RAK Properties spiders Sat 04 Jul 2009 19:29 EMAAR MGF IPO sharewadi Sat 04 Jul 2009 14:20 Emaar MGF IPO India Cash King Sat 04 Jul 2009 11:01 Which Shares will Peak Faster Now ? sam111sam Fri 03 Jul 2009 20:33 Aramex foreign ownership limit increase OnlineTrader Wed 01 Jul 2009 15:55 Marketwatch June 2009 DFM ADX sharewadi Wed 01 Jul 2009 15:37 First member to 1000 posts - congratulations! Sher Tue 30 Jun 2009 21:48 Moody's Emaar rating sharewadi Tue 30 Jun 2009 18:01 DST member introductions WarrenBuffet Mon 29 Jun 2009 22:10 Daily market movement futures ADX DFM bandakok Mon 29 Jun 2009 21:44 Agthia trade: Technical Analysis Questions tyro Mon 29 Jun 2009 21:17 Technical Analysis DFM ADX OnlineTrader Mon 29 Jun 2009 19:33 Currencies - Outlook. eagleeye Mon 29 Jun 2009 16:42

best stock rises symbol price change SCIDC 2.04 +0.14 +7.4% ARKAN 4.69 +0.21 +4.7% ADAVIATION 3.22 +0.12 +3.9% RAKWCT 1.01 +0.03 +3.1% EKTTITAB 1.02 +0.03 +3%

worst stock falls symbol price change ADNIC 6.61 -0.73 -9.9% FCI 2.93 -0.32 -9.8% DARTAKAFUL 2.18 -0.17 -7.2% EMAAR 2.60 -0.20 -7.1% ARMX 1.31 -0.10 -7.1%

top volume symbol value (AED) price EMAAR 91,868,616 2.60 ARTC 55,898,423 2.65 ALDAR 42,204,533 3.63 RAKPROP 34,695,879 0.73 DSI 34,414,309 0.89

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