UAE markets 16 Aug 2009

UAE market news & discussions for 16 August 2009 The DFM fell 2.2% to 1882 points from relatively low turnover of AED 345m with most stocks falling, including UPP 10% limit down. The ADX fell 0.50% to 2853 points from turnover of AED 245m. On the Nasdaq Dubai at 14:15 UAE time, DP World is up 1.4% and Depa is unchanged at $0.61, the only two stocks traded on Nasdaq Dubai so far today. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most active stock in Dubai and the only one trading more than AED 100m worth, with a 3.0% fall to 3.20 from AED 149m worth of deals. Union Properties (UPP) was the standout stock today, plummeting 10% limit down to 1.04 from AED 70m worth of trades, volumes limited by the lack of willing sellers. Emarat Takaful Insurance (TAKAFUL-EM) fell 5.0%, Dubai Refreshments (DRC) and Al Firdous Holdings (ALFIRDOUS) were 5% limit down on low volumes, Islamic Arab Insurance (IAIC) fell 3.85%, Shuaa Capital (SHUAA) and National General Cooling (TABREED) fell 3.1%, and most other actively traded stocks fell between 1% and 3%. Ektitab Holding (EKTTITAB) was the only gainer, rising 3.6% from just one small trade. Abu Dhabi Securities Exchange Dana Gas (DANA) was the most active stock in Abu Dhabi today, rising 3.4% to 1.19 from AED 84m after releasing Q2 results with a strong headline profit figure despite operational earnings not looking so hot. Dana Gas was also the best of the more active gainers. Aldar Properties (ALDAR) and Gulf Cement (GCEM) were the only other two gainers on trading of more than AED 1m, both rising by less than 1%. Ras Al Khaimah Properties (RAKPROP) was the worst of the more active losers, down 2.6% to 0.75, Abu Dhabi National Energy (TAQA) fell 1.7%, Sorouh Real Estate (SOROUH), Green Crescent Insurance (GCIC), and Abu Dhabi Commercial Bank (ADCB) all fell about 1.6%, Abu Dhabi Islamic Bank (ADIB) fell 1.4%, and the remaining losers fell less than 1% or on turnover of less than AED 1m. Emirates Telecom (ETISALAT) fell 0.48% and National Bank of Abu Dhabi (NBAD) was unchanged.

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 thajuddeen Sun 16 Aug 2009 11:47 good morning... sharewadi Sun 16 Aug 2009 11:20 Metito IPO sharewadi Sun 16 Aug 2009 10:45 Dana 2009Q2 profit Dh392 +1100% sharewadi Sun 16 Aug 2009 10:38 DFM ADX manipulation Hamza Sat 15 Aug 2009 18:24 Commodity ETFs orange18 Fri 14 Aug 2009 20:53 Forex view 28/07/2009 adbulls Fri 14 Aug 2009 10:08 Aramex share price - theory thajuddeen Fri 14 Aug 2009 09:04 Dow Theory - A new buy signal? ixtira Thu 13 Aug 2009 22:43 UPP 2009Q2 loss Dh228m -172% ixtira Thu 13 Aug 2009 18:34 Aldar vs Sorouh vs RAK Properties thajuddeen Thu 13 Aug 2009 09:25 Nasdaq Dubai commission charge rooster Wed 12 Aug 2009 18:52 Tabreed 2009Q2 profit Dh19m -18% adbulls Wed 12 Aug 2009 18:27 Aldar Sorouh Emaar JP Morgan rating sam111sam Wed 12 Aug 2009 10:33 DFM thajuddeen Wed 12 Aug 2009 07:20 UAE companies no minimum capital sharewadi Mon 10 Aug 2009 18:30 Patchi IPO sharewadi Mon 10 Aug 2009 00:11

best stock rises symbol price change TKFL 4.85 +0.44 +10% QCEM 0.97 +0.07 +7.8% QTEL 145.00 +5.00 +3.6% EKTTITAB 0.87 +0.03 +3.6% DANA 1.22 +0.04 +3.4%

worst stock falls symbol price change UNION 3.42 -0.38 -10% UPP 1.04 -0.11 -9.6% MAZAYA 3.60 -0.35 -8.9% GLOBAL 1.76 -0.14 -7.4% SUDATEL 3.89 -0.24 -5.8%

top volume symbol value (AED) price EMAAR 149,236,881 3.20 DANA 83,982,287 1.22 UPP 69,898,758 1.04 AABAR 46,737,819 2.75 ALDAR 39,778,030 4.48

• Comment on this report and view previous reports on the Share Wadi blog.
• Discuss UAE companies at Dubai Share Talk.