UAE markets 15 Jul 2009

UAE market news & discussions for 15 July 2009 UAE markets rose again today, not as dramatically as yesterday, but volumes were slightly higher in Dubai, and most stocks were in the green. The ADX was up 1.1% to 2637 points from turnover of AED 155m, almost the same as yesterday's turnover. The DFM rose 1.15% to 1712 points from turnover of AED 530m. On the Nasdaq Dubai at 14:30 UAE time, DP World is up 3.3%, Damas up 4.2% from just one trade, Depa is unchanged, and there has been a trade in ADCB derivatives, up 3.3%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) with a slight gain of 0.81% to 2.49, was the most active stock with turnover of AED 118m. Arabtec (ARTC), rising a solid 5.3% to 2.57, was almost as busy with turnover of AED 113m and the only other stock trading more than AED 100m. Almost all traded stocks were in the green with Dubai Islamic Insurance (AMAN) the best gainer, rising 13.4% to 1.27 on news of 2Q results. Islamic Arab Insurance (IAIC) was up 7.4% to 1.16, Shuaa Capital (SHUAA) rose 3.65%, Union Properties (UPP) 3.5%, Arab International Logistics (ARMX) 3.0%, and the remainder up less than 3%. Dar Takaful Insurance (DARTAKAFUL), down just 0.47% on low volumes, was the only loser, and Global Investment House (GLOBAL) was unchanged on a single small trade. Abu Dhabi Securities Exchange Aldar Properties (ALDAR), up 3.0% to 3.52, and Sorouh Real Estate (SOROUH), up 1.65% to 2.51, were the two most active stocks in Abu Dhabi but neither traded more than AED 50m. Ras Al Khaimah Properties (RAKPROP) rose 1.5% to 0.69 after releasing their second quarter results. Qatar Telecom (QTEL) (+9.7%) and Al Khazna Insurance (AKIC) (+8.3%) were the top gainers on low volumes, Agthia Group (AGTHIA) (+7.1%) was the best of the more active stocks, followed by First Gulf Bank (FGB) and Ras Al Khaimah Cement (RAKCC), both up +5.3%, and Green Crescent Insurance (GCIC) up by 3.4%. Emirates Telecom (ETISALAT) rose 0.5%, National Bank of Abu Dhabi (NBAD) rose 1.5%, and other gainers rose less than 3% or on low volumes. There were only 3 losers today: Gulf Pharmaceutical Industries (JULPHAR) and Union Insurance (UNION) 10% limit down from a single small trade each, and Abu Dhabi National Hotels (ADNH) down just 0.87% from low volumes.

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
Daily Trade Bulletin Dubai Abu Dhabi OnlineTrader Wed 15 Jul 2009 13:48 Abu Dhabi trading 2009H1 sharewadi Wed 15 Jul 2009 12:31 Marketwatch DFM ADX July 2009 OnlineTrader Wed 15 Jul 2009 12:19 RAK Properties 2009Q2 profit Dh73m -34% sharewadi Wed 15 Jul 2009 10:26 Raising crude oil price forecasts Prop Wed 15 Jul 2009 00:14 Did your hear of Hal Turner and the AMERO ? sam111sam Tue 14 Jul 2009 22:46 Isra Wal Miraj holiday OnlineTrader Tue 14 Jul 2009 19:19 Arabtec Free Fall OnlineTrader Tue 14 Jul 2009 19:18 GMPC 2009Q2 profit AED34m +34% sharewadi Tue 14 Jul 2009 15:12 Mazaya 2009H1 profit AED129m sharewadi Tue 14 Jul 2009 14:22 Profit forecasts 2009 DFM ADX NasdaqDubai sharewadi Mon 13 Jul 2009 17:58 Deyaar 2009 profit forecast sharewadi Mon 13 Jul 2009 17:52 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

best stock rises symbol price change AMAN 1.27 +0.15 +13.4% QTEL 134.00 +11.80 +9.7% AKIC 0.91 +0.07 +8.3% IAIC 1.16 +0.08 +7.4% AGTHIA 1.51 +0.10 +7.1%

worst stock falls symbol price change UNION 3.46 -0.38 -9.9% JULPHAR 1.53 -0.16 -9.5% ADNH 4.58 -0.04 -0.9% DARTAKAFUL 2.12 -0.01 -0.5%

top volume symbol value (AED) price EMAAR 118,242,113 2.49 ARTC 113,440,071 2.57 DFM 63,726,250 1.48 ALDAR 42,402,013 3.48 SOROUH 34,396,665 2.46

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