UAE markets 04 Oct 2009

UAE market news & discussions for 04 October 2009 The ADX fell 0.33% to 3128 points from turnover of AED 264m. The DFM fell marginally by 0.11% to 2192 points from turnover of AED 552m. On the Nasdaq Dubai at 1445 UAE time, DP World and Damas are down 2.5% from low volumes, and Depa is unchanged from one trade. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most active stock in Dubai, and the only one trading more than AED 100m worth, as it closed 0.49% down at 4.05 in a steady recovery from opening down about 2% at 3.96. There were only 5 gainers with the top riser Emirates Integrated Telecommunications (DU) with a 3.4% rise to 3.34, except for a handful of 5% limit up trades for Al Firdous Holdings (ALFIRDOUS). Emarat Takaful Insurance (TAKAFUL-EM) and Dar Takaful Insurance (DARTAKAFUL) rose more than 1%, and Drake & Scull (DSI) was up 0.95%. Ten stocks closed unchanged, including Dubai Financial Market (DFM), Dubai Investment Company (DIC), Union Properties (UPP), Gulf Navigation (GULFNAV), and Emirates NBD (ENBD). The worst loser was Al Madina Finance (ALMADINA), 10% limit down at 5.59 on surprisingly high volumes (it rarely sees any trading). Gulf Finance House (GFH) fell 4.2%, National General Cooling (TABREED) 2.0%, Al Salam Bank Sudan (ALSALAMSUDAN) and Islamic Arab Insurance (IAIC) fell 1.4%, and another 7 stocks fell less than 1%. Abu Dhabi Securities Exchange Aldar Properties (ALDAR) was the most active stock in Abu Dhabi with AED 71m worth of turnover, and a 1.1% fall to 6.06. Ras Al Khaimah Properties (RAKPROP) was the worst of the more active losers, falling 2.4% to 0.84. Ras Al Khaimah Cement (RAKCC) fell 2.1%, Sorouh Real Estate (SOROUH) 2.0%, Methaq Islamic Insurance (METHAQ) 1.55%, and the remaining losers were down less than 1.5% or on low volumes. There were 12 gainers including 4 with single 10% limit up trades - Emirates Driving Company (DRIVE), Abu Dhabi Ship Building (ADSB), National Marine Dredging (NMDC), and United Arab Bank (UAB). Three of the gainers saw more than AED 1m worth of trading - Al Khazna Insurance (AKIC) up 2.8%, First Gulf Bank (FGB) up 1.2%, and Abu Dhabi National Energy (TAQA) up 0.62%. Emirates Telecom (ETISALAT) fell 0.82% and National Bank of Abu Dhabi (NBAD) fell 0.37%.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Investors' Change in Behaviour Prop Sun 04 Oct 2009 14:42 Marketwatch DFM ADX October 2009 OnlineTrader Sun 04 Oct 2009 14:05 ADCB bond issue sharewadi Sun 04 Oct 2009 12:31 DFM on Sunday 4th Oct? Prop Sun 04 Oct 2009 11:33 Whats Happening in the Global Markets GPIC Sun 04 Oct 2009 08:54 DSI share price analysis 3Q2009 Sunilkhaitan Sat 03 Oct 2009 12:38 Marc Faber Bloomberg interview OnlineTrader Sat 03 Oct 2009 10:41 Must we invest or trade? Prop Sat 03 Oct 2009 08:55 Abu Dhabi banks Algosaibi Saad exposure Prop Sat 03 Oct 2009 08:46 DFM ADX manipulation Suhail Fri 02 Oct 2009 13:41 Incorrect execution of order by call center sharewadi Fri 02 Oct 2009 10:18 New investor - DIB ENBD Emaar UPP opinions? newride Thu 01 Oct 2009 22:59 Gulfnav shares buy, hold, or sell? dxb Thu 01 Oct 2009 15:54 AMLAK Shares - Any Updates? fayesloan Thu 01 Oct 2009 03:16 Oil Support at 70$? fayesloan Thu 01 Oct 2009 02:56 Emaar MACD FMan Thu 01 Oct 2009 00:11 Marketwatch September 2009 DFM ADX Prop Wed 30 Sep 2009 22:35

best stock rises symbol price change NMDC 9.35 +0.85 +10% UAB 6.49 +0.59 +10% ADSB 3.55 +0.32 +9.9% DRIVE 5.78 +0.52 +9.9% NCTH 5.28 +0.28 +5.6%

worst stock falls symbol price change ALMADINA 5.59 -0.62 -10% GMPC 2.94 -0.31 -9.5% RAKCEC 1.65 -0.09 -5.2% RAKBANK 4.10 -0.20 -4.7% GFH 3.41 -0.15 -4.2%

top volume symbol value (AED) price EMAAR 193,056,499 4.05 ALDAR 70,917,354 6.05 DFM 67,390,259 2.38 ARTC 57,297,591 3.35 SOROUH 54,043,549 3.95

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