UAE markets 17 Sep 2009

UAE market news & discussions for 17 September 2009 It was a solid green finish to the week for UAE stocks on the last trading day before Eid Al Fitr, with substantial trading levels and DFM's own shares managing an increase of more than 10% from almost AED 400m worth of trading. The ADX rose 1.6% to 3100 points from turnover of AED 763m, the DFM rose 2.1% to 2128 points from turnover of AED 1.6 billion. On the Nasdaq Dubai at 1430 UAE time, DP World is up 0.94%, Depa is down 0.84%, Damas is unchanged, DGS is up 0.44%, and a good number of derivatives have seen a trade or two, mostly 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 in Dubai with just over AED 400m worth of turnover, and rose 1.2% to 4.14. Dubai Financial Market (DFM) also traded close to AED 400m and had a 10.5% gain to 2.21 putting it at the top of the gainers list, except for a couple of insignificant trades in Gulf Finance House (GFH). Arabtec (ARTC) up 1.9%, Dubai Islamic Bank (DIB) up 4.8%, and Deyaar Development (DEYAAR) up 3.7% all traded more than AED 100m worth also. Commercial Bank of Dubai (CBD) was 5% limit up from low volumes, Shuaa Capital (SHUAA) rose 3.2%, and most other stocks were up less than 2% or unchanged. There were 6 losers with only Dar Takaful Insurance (DARTAKAFUL) (-0.78%) and Drake & Scull (DSI) (-1.0%) trading more than AED 1m worth of stocks. Global Investment House (GLOBAL) closed 10% limit down on low volumes. Abu Dhabi Securities Exchange Sorouh Real Estate (SOROUH) up 7.0%, and Aldar Properties (ALDAR) up 5.0%, were the two busiest stocks in Dubai, both with well over AED 100m worth of deals. They were also the two top gainers (excluding the less active companies). Other gainers included Abu Dhabi Commercial Bank (ADCB) up 4.3%, Ras Al Khaimah Cement (RAKCC) up 3.85%, Ras Al Khaimah Properties (RAKPROP) up 2.6%, Abu Dhabi Islamic Bank (ADIB) up 2.2%, and the remainder up less than 2% or on low volumes. There were 6 losers, none on turnover of more than AED 1m. International Fish Farming (ASMAK), Oman and Emirates Investment Holding (OEIHC), and United Arab Bank (UAB) were the 3 worst losers, all falling 9%-10%. National Bank of Abu Dhabi (NBAD) rose 1.8% to 14.00 and Emirates Telecom (ETISALAT) rose 1.7% to 11.95.

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
Eid holiday UAE stockmarkets Suhail Thu 17 Sep 2009 14:50 Which Shares will Peak Faster Now ? sam111sam Thu 17 Sep 2009 14:44 AL DAR time to sell? Property stocks poll MNK Thu 17 Sep 2009 14:20 Marketwatch September 2009 DFM ADX Suhail Thu 17 Sep 2009 13:56 DFM shares going above 2.21 precious Thu 17 Sep 2009 11:46 Aabar Al Mal Buy rating sam111sam Wed 16 Sep 2009 19:49 Gulf Navigation for new investor Prop Wed 16 Sep 2009 19:03 Day trading mentor wanted Suhail Wed 16 Sep 2009 11:50 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

best stock rises symbol price change GFH 6.07 +0.58 +10.6% DFM 2.21 +0.21 +10.5% GMPC 3.39 +0.28 +9% DRIVE 4.40 +0.35 +8.6% FBICO 2.98 +0.23 +8.4%

worst stock falls symbol price change UAB 5.50 -0.60 -9.8% OEIHC 1.49 -0.16 -9.7% ASMAK 26.25 -2.80 -9.6% GLOBAL 1.43 -0.15 -9.5% RAKBANK 4.20 -0.30 -6.7%

top volume symbol value (AED) price EMAAR 403,513,063 4.14 DFM 393,450,799 2.21 ARTC 232,786,460 3.17 SOROUH 207,815,093 3.83 ALDAR 159,865,274 5.87

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