UAE markets 03 Aug 2009

UAE market news & discussions for 03 August 2009 The ADX rose 0.71% to 2839 points from turnover of AED 386m with Taqa and Aabar both showing solid gains, while the DFM jumped a solid 3.6% to 1885 points from turnover of AED 750m, led by an 8.5% increase in Emaar shares. On the Nasdaq Dubai at 15:00 UAE time, DP World is down 5.4%, Depa is unchanged, and there have been several different derivative trades in Dana Gas, all in the green. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most active stock in Dubai today, with AED 145m worth of deals and an 8.5% rise to 2.94. Dubai Financial Market (DFM) shares were the only other ones trading more than AED 100m worth, and rose 4.05% to 1.80. Almost all actively traded stocks were in the green, including Union Properties (UPP) up 5.7%, Emarat Takaful Insurance (TAKAFUL-EM) up 5.1%, and Emirates NBD (ENBD) 5% limit up with no sellers. Most other gainers rose between 2% and 5%. Air Arabia (AIRARABIA) was unchanged at 1.01, and Al Firdous Holdings (ALFIRDOUS) (-3.2%) and the almost never traded Dubai Refreshments (DRC) (-4.8%) were the only two losers. Abu Dhabi Securities Exchange Dana Gas (DANA) was the most active stock in Abu Dhabi with AED 80m worth of deals but price was unchanged at 1.19. Abu Dhabi National Energy (TAQA) was the best gainer, closing 10% limit up at 1.77 with no sellers in the queue. Emirates Driving Company (DRIVE) was also 10% limit up but saw little trading activity. Other gainers included Aabar Energy (AABAR) up 6.6%, Agthia Group (AGTHIA) up 4.8%, Abu Dhabi Commercial Bank (ADCB) up 4.7%, Sorouh Real Estate (SOROUH) up 4.15%, Ras Al Khaimah Cement (RAKCC) up 4.0%, and the remaining gainers up less than 4% or on low volumes. Emirates Insurance (EIC) 10% limit down was the worst of the losers but that was from just one small trade. Abu Dhabi Islamic Bank (ADIB), down 1.4% to 2.95, was the only loser trading more than AED 1m worth. Emirates Telecom (ETISALAT) fell 0.97% to 10.25 from low volumes, and National Bank of Abu Dhabi (NBAD) rose 0.74% to 13.90.

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
Marketwatch August 2009 DFM ADX OnlineTrader Mon 03 Aug 2009 15:10 Which Shares will Peak Faster Now ? OnlineTrader Mon 03 Aug 2009 13:42 OIL edging towards 60 thajuddeen Mon 03 Aug 2009 09:32 Arabtec management dumping shares? bandakok Mon 03 Aug 2009 00:20 Emaar wins $1.2bn Saudi lawsuit sharewadi Sun 02 Aug 2009 14:25 SHUAA 2009Q2 profit Dh92m +37% sharewadi Sun 02 Aug 2009 14:20 Emaar Burj Dubai sued for Dh15bn? OnlineTrader Sun 02 Aug 2009 12:27 DSI 2009Q2 profit Dh90m sam111sam Sun 02 Aug 2009 09:52 Buy Aabar shares? Joe Sat 01 Aug 2009 03:09 Marketwatch DFM ADX July 2009 OnlineTrader Fri 31 Jul 2009 11:00 EMAAR 2009Q2 loss Dh1.29bn -161% AUHanalyst Thu 30 Jul 2009 19:00 ADNH 2009Q2 profits sharewadi Thu 30 Jul 2009 18:15 Aramex and UPP price rise missing info OnlineTrader Thu 30 Jul 2009 10:53 SW meeting at Nasdaq Dubai Aug2009 sharewadi Wed 29 Jul 2009 15:59 Mashreq 2009Q2 Dh435m -38% sharewadi Wed 29 Jul 2009 15:48 ALDAR 2009Q2 profits OnlineTrader Wed 29 Jul 2009 15:39 ADCB 2009Q2 profit Dh303m -54% sharewadi Wed 29 Jul 2009 15:30

best stock rises symbol price change DRIVE 4.19 +0.38 +10% EMAAR 2.94 +0.23 +8.5% TAQA 1.73 +0.12 +7.5% QTEL 145.50 +10.00 +7.4% AABAR 2.60 +0.16 +6.6%

worst stock falls symbol price change EIC 5.85 -0.64 -9.9% INVESTB 1.61 -0.14 -8% DRC 13.75 -0.70 -4.8% RAKCEC 1.65 -0.07 -4.1% ALFIRDOUS 0.90 -0.03 -3.2%

top volume symbol value (AED) price EMAAR 145,105,346 2.94 DFM 104,290,192 1.80 ARTC 82,984,068 2.85 DANA 80,048,542 1.20 UPP 70,301,717 1.12

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