UAE markets 23 Aug 2009

UAE market news & discussions for 23 August 2009 The ADX rose 1% to 2826 points with AED 257m worth of deals from 137m shares and the DFM rose 2.5% to 1858 points with AED 494m worth of trading from 308m shares. On the Nasdaq Dubai at 15:00 UAE time, only DP World has traded so far, falling 0.84% to $0.352. All actively traded stocks in the UAE were in the green, except for Etisalat with a small loss holding the ADX index back. 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 AED 135m of turnover and a 4.3% rise to 3.15. Islamic Arab Insurance (IAIC) was the top gainer with a 6.0% rise to 1.23, followed by Gulf General Investment (GGICO) 5% limit up to 1.73. Union Properties (UPP) rise 4.55%, Arab International Logistics (ARMX) 4.35%, Dubai Islamic Bank (DIB) 3.7%, Drake & Scull (DSI) 3.5%, Arabtec (ARTC) 3.4%, and most other stocks were up between 1% and 3%. There were only two losers, Al Mazaya Holding (MAZAYA) 10% limit down, and Dubai Refreshments (DRC) down 2.6%, with a total of just 3 small trades between them. Abu Dhabi Securities Exchange Aabar Energy (AABAR) was the most active stock in Abu Dhabi with AED 60m worth of deals, and a 5% rise to 2.79. Aldar Properties (ALDAR) (+4.5%), Sorouh Real Estate (SOROUH) (+5.2%), and Dana Gas (DANA) (+1.7%) each traded over AED 40m worth of shares. Agthia Group (AGTHIA) was the best of the more active gainers with a 5.85% rise to 1.85. Green Crescent Insurance (GCIC) rose 3.25%, Bank of Sharjah (BOS) 3.2%, Ras Al Khaimah Properties (RAKPROP) 2.8%, Ras Al Khaimah Cement (RAKCC) 2.5%, and most other stocks were in the green by less than 2% or on low volumes. There were only two losers, International Fish Farming (ASMAK) 10% limit down from just 1 small trade, and Emirates Telecom (ETISALAT) down 0.48% to 10.25.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch August 2009 DFM ADX OnlineTrader Sun 23 Aug 2009 14:32 "Suckers Rally" or the road to recovery limitup Sun 23 Aug 2009 12:00 GULF NAVIGATION Prop Sun 23 Aug 2009 09:25 Finance & Portfolio Manager job wanted Prop Sat 22 Aug 2009 23:12 Aramex share price - theory ixtira Sat 22 Aug 2009 22:57 Best Trading Software sam111sam Sat 22 Aug 2009 21:02 DRC 2009Q2 profit up 84% ixtira Thu 20 Aug 2009 18:23 Oil Support at 70$? Lost it OnlineTrader Wed 19 Aug 2009 22:36 UPP buy or sell? thajuddeen Wed 19 Aug 2009 20:20 Limit Up Down DFM sunray Wed 19 Aug 2009 15:45 Emaar cash flow tight? spin Mon 17 Aug 2009 08:28 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

best stock rises symbol price change ADNH 4.43 +0.39 +9.7% GCEM 2.73 +0.17 +6.6% SALAMA 1.23 +0.07 +6% AGTHIA 1.81 +0.10 +5.8% INVESTB 1.65 +0.09 +5.8%

worst stock falls symbol price change ASMAK 16.70 -1.85 -10% MAZAYA 2.92 -0.32 -9.9% DRC 9.50 -0.25 -2.6% ETISALAT 10.30 -0.05 -0.5%

top volume symbol value (AED) price EMAAR 134,766,281 3.15 ARMX 68,801,301 1.68 AABAR 60,234,318 2.73 ARTC 57,826,694 2.77 DFM 55,869,664 1.78

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