UAE markets 24 Aug 2009

UAE market news & discussions for 24 August 2009 The ADX rose slightly, by 0.13% to 2830 points from relatively low turnover of AED 232m. The DFM fell 0.6% to 1847 points from turnover of AED 305m. On the Nasdaq Dubai at 1445 UAE time, DP World is up 3.7%, Depa is unchanged, GOLD is up 0.85%, and a DIB derivative trade is up 1.8%. 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 139m worth of deals, and closed unchanged at 3.15. Shuaa Capital (SHUAA) was the best of only 4 gainers, rising just 1.3% to 1.55 from low volumes. Islamic Arab Insurance (IAIC), Dubai Islamic Insurance (AMAN), and Arabtec (ARTC) were the other gainers, all rising less than 1%. Drake & Scull (DSI), Deyaar Development (DEYAAR), and Ajman Islamic Bank (AJMANBANK) joined Emaar in the list of 7 stocks closing unchanged. Gulf Navigation (GULFNAV) was the worst of the more active losers, falling 2.7% to 0.72. Dar Takaful Insurance (DARTAKAFUL), Emirates NBD (ENBD), and Dubai Islamic Bank (DIB) all fell 1.6%, Emarat Takaful Insurance (TAKAFUL-EM) and Arab International Logistics (ARMX) fell 1.2%, National General Cooling (TABREED), Union Properties (UPP), and Emirates Integrated Telecommunications (DU) fell 1.1%, Air Arabia (AIRARABIA) fell 1.0%, and the remaining gainers fell less than 1% or on low volumes. Abu Dhabi Securities Exchange Aabar Energy (AABAR) was the most active stock in Abu Dhabi with AED 59m worth of deals, rising 1.8% to 2.77. Green Crescent Insurance (GCIC) was the best gainer of the mroe active stocks, up 3.15% to 1.3. Gulf Medical Projects (GMPC) rose 5.4% from just one tiny trade. Agthia Group (AGTHIA) was up 1.7%, Aldar Properties (ALDAR) 1.6%, National Marine Dredging (NMDC) and Bank of Sharjah (BOS) 1.0%, and the remaining gainers were up less than 1%. Union Insurance (UNION) was unchanged with one massive trade of 10m shares, Sorouh Real Estate (SOROUH) and Dana Gas (DANA) were also unchanged. Ras Al Khaimah Properties (RAKPROP) was the worst loser on active trading, falling 1.4%, Waha Capital (OILC) fell 1.2%, National Bank of Abu Dhabi (NBAD) 1.1%, Abu Dhabi Commercial Bank (ADCB) 1.0%, and the remainder fell less than 1% or on low volumes. Emirates Telecom (ETISALAT) rose 0.49% to 10.30.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch August 2009 DFM ADX sunray Mon 24 Aug 2009 13:29 Oil Support at 70$? indigo Mon 24 Aug 2009 11:16 Focus on yourself sharewadi Mon 24 Aug 2009 10:48 UPP Debt Plan OnlineTrader Mon 24 Aug 2009 10:13 Gulf Navigation for new investor thajuddeen Mon 24 Aug 2009 09:32 Aramex share price - theory thajuddeen Sun 23 Aug 2009 23:28 "Suckers Rally" or the road to recovery thajuddeen Sun 23 Aug 2009 22:44 Finance & Portfolio Manager job wanted Prop Sat 22 Aug 2009 23:12 Best Trading Software sam111sam Sat 22 Aug 2009 21:02 Dubai Holding merges subsidiaries OnlineTrader Sat 22 Aug 2009 15:27 DRC 2009Q2 profit up 84% ixtira Thu 20 Aug 2009 18:23 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

best stock rises symbol price change GMPC 2.95 +0.15 +5.4% GCIC 1.31 +0.04 +3.1% AABAR 2.78 +0.05 +1.8% AGTHIA 1.84 +0.03 +1.7% ALDAR 4.51 +0.07 +1.6%

worst stock falls symbol price change ALSALAMSUDAN 2.44 -0.13 -5.1% RAKWCT 0.96 -0.04 -4% GCEM 2.63 -0.10 -3.7% GLOBAL 1.60 -0.05 -3% GULFNAV 0.72 -0.02 -2.7%

top volume symbol value (AED) price EMAAR 138,713,772 3.15 AABAR 58,850,539 2.78 ALDAR 49,809,346 4.51 ARTC 36,674,940 2.78 UNION 34,200,000 3.42

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