UAE markets 30 Aug 2009

UAE market news & discussions for 30 August 2009 The ADX rose 0.30% to 2865 points from relatively low turnover of AED 161m. The DFM did better with a 1.85% rise to 1922 points from turnover of AED 692m, with Shuaa Capital limit up after more news about the DBG share issue and appointment of a new CEO, and a solid 6% rise for Emaar Properties. 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 334m worth of deals and a 6.0% increase to 3.53 putting it in second place on the top gainers list. Arabtec (ARTC) was the only other stock trading more than AED 100m, rising 1.4% to 2.96 despite some heavy insider selling. Shuaa Capital (SHUAA) was the best gainer, closing 15% limit up at 1.73. Other gainers included Drake & Scull (DSI) up 3.4%, Union Properties (UPP) up 3.3%, and most other actively traded stocks up less than 3% or closing flat. There were only 3 losers, Global Investment House (GLOBAL) down 2.4% on low volumes, and Arab International Logistics (ARMX) and Air Arabia (AIRARABIA) down about 1%. Abu Dhabi Securities Exchange Sorouh Real Estate (SOROUH) was the most active stock in Abu Dhabi with just over AED 50m worth of deals and a 2.25% rise to 3.18. Arkan Building Materials (ARKAN) was the top gainer with a 4.85% increase to 3.46, Union National Bank (UNB) rose 3.25%, Methaq Islamic Insurance (METHAQ) 2.3% on low volumes, and the remaining gainers up less than 2%. Emirates Telecom (ETISALAT) rose 0.48% to 10.45 and National Bank of Abu Dhabi (NBAD) was up 1.1% to 13.65. Agthia Group (AGTHIA) was the only loser trading more than AED 1m, falling 1.0% to 2.01. There were 8 other losers on low volumes, including First Gulf Bank (FGB) down 1.2% and Abu Dhabi Islamic Bank (ADIB) down just 0.34%.

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
Shuaa limit up and DBG share capital Prop Sun 30 Aug 2009 14:19 DST member introductions sharewadi Sun 30 Aug 2009 13:42 Marketwatch August 2009 DFM ADX OnlineTrader Sun 30 Aug 2009 13:35 UAE stockmarket correction ahead! Prop Sun 30 Aug 2009 11:44 Buy Aabar shares? ixtira Fri 28 Aug 2009 16:36 Goldman Sachs on UAE Banks ixtira Fri 28 Aug 2009 11:49 Which Shares will Peak Faster Now ? sam111sam Thu 27 Aug 2009 17:28 DP World 2009 H1 results sharewadi Thu 27 Aug 2009 12:12 Depa profit 2009H1 Dh92m +65% sharewadi Wed 26 Aug 2009 17:49 DST server change DNS error Prop Wed 26 Aug 2009 17:47 Gulf Navigation for new investor indigo Tue 25 Aug 2009 14:20 Focus on yourself kia74my Tue 25 Aug 2009 05:28 UPP buy or sell? thajuddeen Mon 24 Aug 2009 22:13 Oil Support at 70$? indigo Mon 24 Aug 2009 11:16 UPP Debt Plan OnlineTrader Mon 24 Aug 2009 10:13 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

best stock rises symbol price change SHUAA 1.73 +0.22 +14.6% RAKBANK 4.60 +0.41 +9.8% RAKCEC 1.65 +0.10 +6.5% EMAAR 3.52 +0.20 +6% ARKAN 3.44 +0.14 +4.2%

worst stock falls symbol price change AKIC 0.96 -0.08 -7.7% UCC 1.73 -0.12 -6.5% ASMAK 19.00 -1.00 -5% RAKWCT 0.96 -0.03 -3% INVESTB 1.60 -0.05 -3%

top volume symbol value (AED) price EMAAR 334,321,851 3.52 ARTC 112,191,753 2.96 DFM 83,391,446 1.84 SOROUH 64,497,301 3.18 AABAR 48,771,680 2.85

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