UAE markets 29 Sep 2009

UAE market news & discussions for 29 September 2009 The ADX rose 1.2% to 3126 points from turnover of AED 444m, with a solid rise for RAK Properties, also the most actively traded stock in Abu Dhabi. RAK Properties released a disclosure today clarifying some apparently misleading reporting last week about construction delays. The DFM rose 1.0% to 2162 points from AED 840m worth of trading with Drake & Scull and Gulf Navigation rising strongly on solid volumes - DSI announcing a contract in Thailand providing a boost. On the Nasdaq Dubai at 1400 UAE time, DP World is up 1.85%, Depa is unchanged, Damas is down 2.8%, DGS is up 0.3%, and there have been a couple of trades in DFM, Air Arabia, and Union Properties derivatives, with little movement. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most active stock as usual, with AED 180m worth of trading and a 1.3% rise to 3.95. Dubai Financial Market (DFM), up 1.7%, and Drake & Scull (DSI), up 3.1%, also traded more than AED 100m. Shuaa Capital (SHUAA) was the best gainer with a 5.15% rise to 2.04. Commercial Bank of Dubai (CBD), National Cement Company (NCC), and Al Firdous Holdings (ALFIRDOUS) all closed 5% limit up but from low volumes. National General Cooling (TABREED) was up 3.1%, Arabtec (ARTC) 2.2%, and most other stocks rose less than 2% or on low volumes. There were only 3 losers, Emirates NBD (ENBD) down 0.23%, Al Salam Bank Sudan (ALSALAMSUDAN) down 2.85%, Gulf Finance House (GFH) 5% limit down, and all 3 fell on low volumes. Abu Dhabi Securities Exchange As mentioned, Ras Al Khaimah Properties (RAKPROP) was the busiest stock in Abu Dhabi with AED 140m worth of deals and a 5.1% rise to 0.82. No other stocks traded more than AED 100m. International Fish Farming (ASMAK) was the best gainer on turnover of more than AED 1m, with a 7.5% rise to 23.05. First Gulf Bank (FGB) was up 5.3%, Abu Dhabi National Takaful (TKFL) 5.2% on greater than usual volumes, Invest Bank (INVESTB) rose 5.0%, Aldar Properties (ALDAR) and Waha Capital (OILC) 3.3%, and most other stocks were unchanged or rose less than 3%. There were 7 losers, only 2 of them trading more than AED 1m - Methaq Islamic Insurance (METHAQ) down 0.96%, and Finance House (FH) down just 0.18%. National Bank of Abu Dhabi (NBAD) and Emirates Telecom (ETISALAT) both rose about 0.4%.

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
Is it the right time to enter the UAE market sharewadi Tue 29 Sep 2009 14:06 AMLAK Shares - Any Updates? new2stockinvest Tue 29 Sep 2009 12:44 Marketwatch September 2009 DFM ADX Talha Tue 29 Sep 2009 12:38 DSI share price analysis 3Q2009 Ali Tue 29 Sep 2009 11:53 Share certificates Abu Dhabi Sher Mon 28 Sep 2009 23:22 Which Shares will Peak Faster Now ? sam111sam Mon 28 Sep 2009 15:35 Investors' Change in Behaviour sam111sam Mon 28 Sep 2009 08:56 DFM ADX Competition... Suhail Sun 27 Sep 2009 17:01 Arabtec Gazprom analysis girish Sun 27 Sep 2009 07:41 Limitless Minerva Northacre Gulfer Sat 26 Sep 2009 12:31 What is the Short Term Fair Value of DFMI ? adbulls Wed 23 Sep 2009 22:53 Time portals and other illusions fayesloan Wed 23 Sep 2009 04:27 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

best stock rises symbol price change NBQ 3.58 +0.28 +8.5% ASMAK 23.05 +1.60 +7.5% FOODCO 2.60 +0.16 +6.6% FGB 16.90 +0.85 +5.3% TKFL 5.26 +0.26 +5.2%

worst stock falls symbol price change GFH 4.38 -0.48 -9.9% CBI 1.55 -0.10 -6.1% ADNH 4.61 -0.25 -5.1% UCC 1.81 -0.09 -4.7% GMPC 3.25 -0.13 -3.8%

top volume symbol value (AED) price EMAAR 180,307,681 3.95 RAKPROP 139,926,878 0.82 DFM 129,379,581 2.35 DSI 122,832,780 1.00 ARTC 81,272,856 3.29

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