UAE markets 23 Sep 2009

UAE market news & discussions for 23 September 2009 It was a green welcome back from the Eid holiday on the UAE markets. The ADX rose 1.4% to 3144 points from turnover of AED 463m. The DFM rose a decent 3.6% to 2204 points from substantial volumes of AED 1.6 billion with heavy trading in DFM shares, Emaar, Arabtec, Dubai Investments, and Union Properties, with DFM and DIC rising more than 10%. The Nasdaq Dubai was closed and will reopen tomorrow. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai Financial Market (DFM) shares were the most actively traded with AED 289m worth of deals, and a 10.9% rise to 2.45 putting it at the top of the gainers list also, except for a couple of small trades in Arab Insurance Group (ARIG) and Global Investment House (GLOBAL). Emaar Properties (EMAAR), up 1.7%, saw turnover of AED 242m, Arabtec (ARTC) rose a solid 8.5% from AED 225m worth of deals, and volumes were also over AED 100m for Dubai Investment Company (DIC) (+10.1% to 1.42) and Union Properties (UPP) (+7.2% to 1.04). Dubai Islamic Insurance (AMAN) was also amongst the leading stocks with a rise of 9.85%, and Islamic Arab Insurance (IAIC) was up 7.1%. Shuaa Capital (SHUAA) rose 5.6%, Al Salam Bank Sudan (ALSALAMSUDAN) 5.2%, and the remaining stocks were up less than 5%. There were no losers. Abu Dhabi Securities Exchange Sorouh Real Estate (SOROUH) was the most active stock in Abu Dhabi and the only one trading more than AED 100m with a 4.7% rise to 4.04 from AED 127m worth of shares traded. First Gulf Bank (FGB) was the best of the more active gainers, rising 4.9% to 17.45, Waha Capital (OILC) was up 3.4%, Aldar Properties (ALDAR) 3.2%, and the remaining gainers were up less than 2% or on low volumes. There were 6 losers, only 2 of them with more than AED 1m worth of trading, Abu Dhabi Islamic Bank (ADIB) down 1.5%, and Abu Dhabi Commercial Bank (ADCB) down 2.3% on greater than usual volumes.

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
What is the Short Term Fair Value of DFMI ? Prop Wed 23 Sep 2009 16:34 Arabtec Gazprom analysis sharewadi Wed 23 Sep 2009 16:24 Marketwatch September 2009 DFM ADX sharewadi Wed 23 Sep 2009 16:20 DSI share price analysis 3Q2009 sharewadi Wed 23 Sep 2009 16:06 Time portals and other illusions fayesloan Wed 23 Sep 2009 04:27 Which Shares will Peak Faster Now ? fayesloan Wed 23 Sep 2009 04:15 Natural Gas price rise 2009 fayesloan Wed 23 Sep 2009 03:30 Eid holiday UAE stockmarkets jhar Tue 22 Sep 2009 14:50 DFM accumulation and rally coming adbulls Sun 20 Sep 2009 01:00 AL DAR time to sell? Property stocks poll GPIC Sat 19 Sep 2009 20:59 DFM shares going above 2.21 sam111sam Sat 19 Sep 2009 13:38 Share certificates Abu Dhabi FMan Sat 19 Sep 2009 02:47 HFT or algorithmic trading Foreigner Fri 18 Sep 2009 13:39 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

best stock rises symbol price change ARIG 1.72 +0.22 +14.7% GLOBAL 1.60 +0.17 +11.9% DFM 2.45 +0.24 +10.9% DIC 1.42 +0.13 +10.1% AMAN 1.45 +0.13 +9.8%

worst stock falls symbol price change GMPC 3.10 -0.29 -8.6% SCIDC 1.89 -0.11 -5.5% INVESTB 1.98 -0.11 -5.3% ADCB 2.60 -0.06 -2.3% ADIB 3.24 -0.05 -1.5%

top volume symbol value (AED) price DFM 288,863,215 2.45 EMAAR 241,842,392 4.21 ARTC 225,202,624 3.44 DIC 153,507,217 1.42 SOROUH 126,513,627 4.01

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