UAE markets 18 Aug 2009

UAE market news & discussions for 18 August 2009 A decent rebound on the UAE markets but on less than encouraging volumes, and the recovery was only half of yesterday's fall. The DFM index rose 2.3% to 1814 points from turnover of AED 483m and the ADX rose 0.75% to 2803 points from turnover of AED 243m. On the Nasdaq Dubai at 1400 UAE time, DP World is up 0.86%, Damas is down 7.4%, and several derivatives have seen a trade or two in the green - Air Arabia, Drake & Scull, RAK Properties, Arabtec, and Dubai Islamic Bank. 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 as usual the only stock trading more than AED 100m worth, rising 4.45% to 3.05 from AED 187m worth of trades. Dubai Financial Market (DFM) was the top gainer, rising 7.0% to 1.69, Arab International Logistics (ARMX) rose 6.1%, Arabtec (ARTC) 4.25%, and most other stocks were up between 1% and 3%. There were only two losers, punters continuing their beating of Union Properties (UPP), down 4.3% to 0.90, and a single trade of just 56 shares in Mashreq Bank (MASQ), doing its bit to keep the index down. Abu Dhabi Securities Exchange The three most active stocks in Abu Dhabi were Aabar Energy (AABAR) (+0.78%), Aldar Properties (ALDAR) (-0.48%), and Sorouh Real Estate (SOROUH) (+0.35%), all trading between AED 40m and 50m. Abu Dhabi Commercial Bank (ADCB) was the best of the more active gainers, rising 4.9% to 1.92, National Bank of Abu Dhabi (NBAD) was up 2.7%, Union National Bank (UNB) 2.0%, and the remaining gainers rose less than 2% or on low volumes. Out of 8 losers, only three fell on more than AED 1m worth of trading, Green Crescent Insurance (GCIC), Ras Al Khaimah Cement (RAKCC), and Aldar, all falling by less than 1%. Emirates Telecom (ETISALAT) closed unchanged at 10.35.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch August 2009 DFM ADX thajuddeen Tue 18 Aug 2009 13:10 Finance & Portfolio Manager job wanted OnlineTrader Tue 18 Aug 2009 10:50 Aramex share price - theory thajuddeen Mon 17 Aug 2009 15:57 UPP buy or sell? thajuddeen Mon 17 Aug 2009 14:51 Oil Support at 70$? Lost it indigo Mon 17 Aug 2009 10:00 Emaar cash flow tight? spin Mon 17 Aug 2009 08:28 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 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

best stock rises symbol price change DFM 1.69 +0.11 +7% ARMX 1.57 +0.09 +6.1% DRIVE 4.10 +0.20 +5.1% ADCB 1.92 +0.09 +4.9% AKIC 0.92 +0.04 +4.5%

worst stock falls symbol price change RAPCO 2.00 -0.20 -9.1% MASQ 90.65 -4.75 -5% UPP 0.90 -0.04 -4.3% QTEL 140.10 -4.90 -3.4% RAKWCT 0.98 -0.02 -2%

top volume symbol value (AED) price EMAAR 187,136,712 3.05 DFM 66,694,949 1.69 ARTC 65,549,117 2.70 UPP 49,327,296 0.90 AABAR 47,638,946 2.58

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