UAE markets 16 Sep 2009

UAE market news & discussions for 16 September 2009 The ADX rose 1.7% to 3052 points from turnover of AED 394m. The DFM rose 2.7% to 2084 points from turnover of AED 870m. On the Nasdaq Dubai at 1500 UAE time, DP World is up 8.4%, Depa is down 0.56%, Damas is up 4.8%, Boulder Steel is down 20%, and a handful of derivatives have traded, RAK Properties, Sorouh, and Union Properties, all in the green. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most active stock as usual in Dubai, with AED 324m worth of deals and a 3.5% rise to 4.09. Drake & Scull (DSI) also traded more than AED 100m and rose 5.4% to 0.98, making it the best of the more active companies traded today. Al Madina Finance (ALMADINA) closed 15% limit up but from just 2 small trades. Other gainers included Emirates NBD (ENBD) 5% limit up, Dubai Islamic Bank (DIB) with a 4.3% rise, Gulf Navigation (GULFNAV) up 4.0%, Deyaar Development (DEYAAR) up 3.8%, Dubai Financial Market (DFM) up 3.1%, and most other stocks up about 1%-2%. Gulf Finance House (GFH) was the only loser with a 9.6% fall from thin trading. Abu Dhabi Securities Exchange Sorouh Real Estate (SOROUH) was the busiest stock in Abu Dhabi, rising 4.4% to 3.67 from AED 119m worth of deals. Aldar Properties (ALDAR) was next on the turnover list with just under AED 100m worth of deals, and rose 3.1% to 5.69. Abu Dhabi Commercial Bank (ADCB) was the standout gainer, closing 10% limit up at 2.57 with no sellers in the queue and greater than usual activity. Other gainers included International Fish Farming (ASMAK) and Fujairah Building Industries (FBICO) 10% limit up but on low volumes, Union National Bank (UNB) up 7.5%, Abu Dhabi Islamic Bank (ADIB) up 5.2%, Agthia Group (AGTHIA) up 3%, Ras Al Khaimah Properties (RAKPROP) up 2.7%, and most other stocks were up less than 2.5% or unchanged. National Bank of Abu Dhabi (NBAD) rose 1.5% and Emirates Telecom (ETISALAT) had a 0.87% gain. There were only 4 losers, and only Methaq Islamic Insurance (METHAQ) falling 0.57% saw turnover of more than AED 1m.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Which Shares will Peak Faster Now ? Sunilkhaitan Wed 16 Sep 2009 14:26 Marketwatch September 2009 DFM ADX Suhail Wed 16 Sep 2009 13:40 Day trading mentor wanted Suhail Wed 16 Sep 2009 11:50 Gulf Navigation for new investor Suhail Wed 16 Sep 2009 09:53 Aabar Al Mal Buy rating sam111sam Wed 16 Sep 2009 09:20 AL DAR time to sell? Property stocks poll spiders Wed 16 Sep 2009 05:28 Eid holiday UAE stockmarkets sharewadi Wed 16 Sep 2009 02:23 Istithmar investments suspended sharewadi Wed 16 Sep 2009 02:08 Do your homework on SHUAA fayesloan Tue 15 Sep 2009 20:23 Emaar shares buy price? Prop Tue 15 Sep 2009 16:35 HFT or algorithmic trading sharewadi Tue 15 Sep 2009 00:49 Computer stock trading sharewadi Tue 15 Sep 2009 00:44 The big picture Sher Mon 14 Sep 2009 22:37 Boulder Steel Nasdaq Dubai delisting sharewadi Mon 14 Sep 2009 10:08 Suckers Rally or the road to recovery Prop Sun 13 Sep 2009 18:18 New DFM Trading Platform 'X-Stream' Prop Sun 13 Sep 2009 18:03 Emaar Saudi tallest tower contract ITSME Sat 12 Sep 2009 17:24

best stock rises symbol price change ALMADINA 6.21 +0.81 +15% ASMAK 29.05 +2.60 +9.8% RAPCO 2.91 +0.25 +9.4% ADCB 2.55 +0.21 +9% FBICO 2.75 +0.20 +7.8%

worst stock falls symbol price change GFH 5.49 -0.58 -9.6% ADSB 3.65 -0.20 -5.2% SCIDC 1.90 -0.08 -4% ADNH 4.40 -0.04 -0.9% METHAQ 5.27 -0.03 -0.6%

top volume symbol value (AED) price EMAAR 323,844,814 4.09 DSI 119,012,739 0.98 SOROUH 118,653,626 3.58 ALDAR 95,888,888 5.59 DFM 78,935,127 2.00

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