UAE markets 02 Sep 2009

UAE market news & discussions for 02 September 2009 The ADX fell 1.8% to 2859 points with 5% falls for the most active stocks - Aldar, Sorouh, and Aabar - and total turnover of AED 263m. THe DFM also fell, but only half as much, down 0.91% to 1878 points from turnover of AED 467m, thankfully lower than yesterday. On the Nasdaq Dubai at 1530 UAE time, DP World is down 6.1%, Damas is up 4.1%, Depa is unchanged, Boulder Steel is up 5.6%, and Shuaa derivatives are down 11.7%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most active stock, and the only one trading more than AED 100m, with AED 168m of trading and a 1.5% fall to 3.33. Shuaa Capital (SHUAA) was the best gainer up 4.8% to 1.97, and the only one of 5 gainers to rise more than 1%. Dubai Islamic Bank (DIB) was the only other actively traded gainer, up just 0.77%. Arabtec (ARTC) was the worst of the more active losers, down 2.4% to 2.81, Emirates NBD (ENBD) also fell 2.4%, Air Arabia (AIRARABIA) and Arab International Logistics (ARMX) fell 1.9%, Dubai Islamic Insurance (AMAN) fell 1.6%, and the remaining stocks fell less than 1.5% or on low volumes. Seven stocks closed unchanged, including Union Properties (UPP), Gulf Navigation (GULFNAV), and Drake & Scull (DSI). Abu Dhabi Securities Exchange Aldar Properties (ALDAR) was the most active stock and the worst of the actively traded companies, falling 5.1% to 4.70 from AED 80m worth of turnover. Aabar Energy (AABAR) fell 4.9%, Abu Dhabi National Energy (TAQA) 4.8%, Sorouh Real Estate (SOROUH) 4.7%, National Bank of Abu Dhabi (NBAD) 4.35%, and most other stocks fell between 1% and 3%. There were 5 gainers, none on turnover of more than AED 1m. Emirates Telecom (ETISALAT) was the least bad loser, falling 0.92% to 10.85.

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 September 2009 DFM ADX sam111sam Wed 02 Sep 2009 15:37 Do your homework on SHUAA fayesloan Wed 02 Sep 2009 03:55 Emaar Lost case in saudi Arabia manoy Tue 01 Sep 2009 23:15 UAE stockmarket correction ahead! adbulls Tue 01 Sep 2009 21:45 Marketwatch August 2009 DFM ADX OnlineTrader Tue 01 Sep 2009 09:51 Which Shares will Peak Faster Now ? sam111sam Mon 31 Aug 2009 17:51 DST member introductions sharewadi Mon 31 Aug 2009 15:55 Shuaa limit up and DBG share capital Prop Sun 30 Aug 2009 21:15 Buy Aabar shares? ixtira Fri 28 Aug 2009 16:36 Goldman Sachs on UAE Banks ixtira Fri 28 Aug 2009 11:49 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

best stock rises symbol price change GMPC 3.45 +0.25 +7.8% ASMAK 21.00 +1.15 +5.8% SHUAA 1.97 +0.09 +4.8% ADNH 4.39 +0.06 +1.4% AKIC 0.96 +0.01 +1.1%

worst stock falls symbol price change ARIG 1.81 -0.19 -9.5% QCEM 0.85 -0.07 -7.6% ALDAR 4.69 -0.25 -5.1% AABAR 2.50 -0.13 -4.9% NCC 3.51 -0.18 -4.9%

top volume symbol value (AED) price EMAAR 167,743,034 3.33 ALDAR 79,525,262 4.69 ARTC 68,771,592 2.81 SOROUH 56,821,661 3.03 AABAR 43,307,571 2.50

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