UAE markets 06 Jul 2009

UAE market news & discussions for 06 July 2009 Stocks continued to see red today, especially in Dubai. The ADX fell 0.44% to 2625 points from AED 150m of turnover, while the DFM fell 2.0% to 1721 points from turnover of AED 347m. On the Nasdaq Dubai at 14:30 UAE time, DP World is down 2.25%, Damas and Depa are unchanged, and no other listings have traded. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market No stocks saw trading of more than AED 100m in the UAE, Emaar Properties (EMAAR) was the most active stock with AED 90m but not the worst loser, falling 4.6% to 2.48. Emarat Takaful Insurance (TAKAFUL-EM) was the worst of the more actively traded stocks with a 7.3% fall to 1.53, followed by Deyaar Development (DEYAAR) and Shuaa Capital (SHUAA) both down more than 5%. Dubai Financial Market (DFM) and Dubai Islamic Insurance (AMAN) fell 4.3%, Arabtec (ARTC) 4.15%, and most other stocks fell less than 4% or on low volumes. There were only two gainers, Arab International Logistics (ARMX) up 1.5%, and Emirates NBD (ENBD) up 0.58%. Abu Dhabi Securities Exchange Dana Gas (DANA) was the most active stock in Abu Dhabi with AED 43m worth of deals and a 2.7% fall to 1.03. No other stocks saw more than AED 20m worth of trading. Methaq Islamic Insurance (METHAQ) was the worst of the more active stocks with a fall of 6.55% to 5.05, followed by Aabar Energy (AABAR) down 5.1%. Sorouh Real Estate (SOROUH) fell 3.4%, Ras Al Khaimah Cement (RAKCC) and Green Crescent Insurance (GCIC) fell 3.3%, and most other stocks were down less than 3% or on low volumes. National Bank of Abu Dhabi (NBAD) was down just 0.2%, Emirates Telecom (ETISALAT), First Gulf Bank (FGB), and Abu Dhabi Commercial Bank (ADCB) all closed unchanged. There were 8 gainers but only 2 on trading of more than AED 1m: National Bank of Umm Al Quwain (NBQ) up 4.3%, and Abu Dhabi National Energy (TAQA) up 2.1%.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch DFM ADX July 2009 spin Mon 06 Jul 2009 14:13 Short term trade is against Islamic values? sharewadi Mon 06 Jul 2009 11:43 OIL edging towards 60 indigo Mon 06 Jul 2009 11:31 Daily Trade Bulletin Dubai Abu Dhabi Sher Mon 06 Jul 2009 01:16 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

best stock rises symbol price change UCC 2.34 +0.15 +6.8% ADSB 2.89 +0.17 +6.3% NBQ 3.42 +0.14 +4.3% OEIHC 1.77 +0.07 +4.1% TAQA 1.46 +0.03 +2.1%

worst stock falls symbol price change ALSALAMSUDAN 2.46 -0.26 -9.6% GMPC 2.31 -0.24 -9.4% RAKWCT 0.93 -0.08 -7.9% SUDATEL 3.70 -0.30 -7.5% TAKAFUL-EM 1.53 -0.12 -7.3%

top volume symbol value (AED) price EMAAR 89,863,808 2.48 ARMX 47,280,409 1.33 DANA 42,531,986 1.07 ARTC 39,601,007 2.54 DEYAAR 37,030,305 0.70

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