UAE markets 14 Jul 2009

UAE market news & discussions for 14 July 2009 Markets saw a respite from the sea of red we've had so far this week, with solid gains in some stocks but turnover still relatively modest. The ADX rose 1.8% to 2607 points from turnover of AED 153m. The DFM rose 3.8% to 1692 points from turnover of AED 410m. On the Nasdaq Dubai at 14:30 UAE time, DP World is up 9.3%, Damas is down 7.7% from one trade, and Sorouh and Air Arabia derivatives are in the green from one trade each. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most active stock in Dubai with just under AED 100m worth of deals, and rose 8.3% to 2.47, making it the second best gainer of the day. Arabtec (ARTC) was the second most active stock and the best gainer of the day with a rise of 11.4% to 2.44 - a little more than the amount it plummeted by yesterday. Most other stocks were up 4% or more including Dubai Islamic Insurance (AMAN), Dar Takaful Insurance (DARTAKAFUL), and Emarat Takaful Insurance (TAKAFUL-EM) all up more than 7.5%, Dubai Financial Market (DFM) up 7.35%, Union Properties (UPP) up 6.2%, and Deyaar Development (DEYAAR) up 6%. There were three losers, and only Emirates NBD (ENBD), down 1.25%, saw trading of more than AED 1m. Abu Dhabi Securities Exchange Aldar Properties (ALDAR) was the most active stock in Abu Dhabi but with only AED 42m as it rose 4.0% to 3.40. National Marine Dredging (NMDC) and Union Cement (UCC) closed 10% limit up but from only a handful of small trades. Methaq Islamic Insurance (METHAQ) was the best of the more active stocks with a 5.9% rise to 5.15, Sorouh Real Estate (SOROUH) and Waha Capital (OILC) rose 4.3%, Aabar Energy (AABAR) 4.0%, and most other stocks were up less than 4% including National Bank of Abu Dhabi (NBAD) up 2.1% and Emirates Telecom (ETISALAT) up 2.0%. There were 5 losers, none trading more than AED 1m, with Ras Al Khaimah White Cement (RAKWCT) the worst, falling by 7.5% to 0.90.

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
Isra Wal Miraj holiday sharewadi Tue 14 Jul 2009 14:29 Mazaya 2009H1 profit AED129m sharewadi Tue 14 Jul 2009 14:22 Marketwatch DFM ADX July 2009 thajuddeen Tue 14 Jul 2009 08:55 Did your hear of Hal Turner and the AMERO ? limitup Tue 14 Jul 2009 01:08 Profit forecasts 2009 DFM ADX NasdaqDubai sharewadi Mon 13 Jul 2009 17:58 Deyaar 2009 profit forecast sharewadi Mon 13 Jul 2009 17:52 Arabtec Free Fall sam111sam Mon 13 Jul 2009 16:41 Emirates NBD and DFMI ! sam111sam Mon 13 Jul 2009 16:26 Emmar News last 4 weeks sharewadi Mon 13 Jul 2009 16:09 Burj Dubai opening date sharewadi Mon 13 Jul 2009 16:05 DFM SMS and email notifications sharewadi Mon 13 Jul 2009 15:20 DEYAAR 2009Q2 profit Dh75m -69% sharewadi Mon 13 Jul 2009 00:15 Deyaar 2009Q1 profit AED54.5m -73% sharewadi Mon 13 Jul 2009 00:12 Fitch: Mashreqbank's exposure to Saad fayesloan Sun 12 Jul 2009 15:12 Emaar Algeria withdrawal bandakok Sun 12 Jul 2009 12:36 First member to 1000 posts - congratulations! sharehunk Sat 11 Jul 2009 09:59 Dubai Budget 2009/2010 sammy Sat 11 Jul 2009 04:35

best stock rises symbol price change ARTC 2.44 +0.25 +11.4% NMDC 6.83 +0.62 +10% UCC 2.13 +0.19 +9.8% EMAAR 2.47 +0.19 +8.3% DARTAKAFUL 2.13 +0.16 +8.1%

worst stock falls symbol price change RAKWCT 0.86 -0.07 -7.5% ADAVIATION 3.36 -0.20 -5.6% EKTTITAB 0.95 -0.03 -3.1% RAKCEC 1.50 -0.03 -2% EMIRATESNBD 3.16 -0.04 -1.3%

top volume symbol value (AED) price EMAAR 98,931,668 2.47 ARTC 73,525,349 2.44 DFM 72,031,957 1.46 DEYAAR 44,026,262 0.71 ALDAR 42,419,437 3.38

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