UAE markets 07 Oct 2009

UAE market news & discussions for 07 October 2009 The ADX rose 1.3% to 3204 points from substantial turnover of AED 891m, boosted by heavy trading in Dana Gas. The DFM fell 0.35% in a late sell-off after starting the day well, with turnover of just under AED 2 billion again. On the Nasdaq Dubai at 1415 UAE time, DP World and Depa are unchanged, and Damas is down 3.3% from just one trade. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most heavily traded stock with AED 587m worth of deals, and managed to close in the green by 0.46% at 4.37, despite heavy selling towards closing time. Dubai Islamic Bank (DIB) (+1.3%) and Dubai Financial Market (DFM) (-2.4%) were also busy with just over AED 220m worth of trading each. Arabtec (ARTC) (-2.5%) and Union Properties (UPP) (-1.8%) were the only other stocks trading more than AED 100m worth. Emirates NBD (ENBD) was the best of the more actively traded gainers, up 1.8% to 4.48. Shuaa Capital (SHUAA) was up 1.0%, and the other 5 gainers were up on low volumes. Four stocks closed unchanged, including Air Arabia (AIRARABIA) and Ajman Islamic Bank (AJMANBANK). Gulf Finance House (GFH) closed 10% limit down, Al Salam Bank Sudan (ALSALAMSUDAN) fell 4.8%, Gulf Navigation (GULFNAV), down 3.4%, was the worst of the more active companies, Deyaar Development (DEYAAR) fell 3.3%, and the remaining losers were down less than 3% or on low volumes. Abu Dhabi Securities Exchange Dana Gas (DANA) took top spot on the value traded list in Abu Dhabi with AED 216m worth and a 3.3% rise to 1.25. Sorouh Real Estate (SOROUH), up 2.0%, and Aldar Properties (ALDAR), up 2.4%, also traded more than AED 100m. First Gulf Bank (FGB) was the best of the more active gainers, rising 3.9% to 18.65. Finance House (FH) was up 3.5%, Abu Dhabi Islamic Bank (ADIB) 1.6%, National Bank of Abu Dhabi (NBAD) 1.5%, and the remaining gainers were up less than 1.5% or on low volumes. Emirates Telecom (ETISALAT) rose 1.2% to 12.20. Bank of Sharjah (BOS) was the worst loser on trading of more than AED 1m, falling 2.9% to 2.00. Abu Dhabi Commercial Bank (ADCB) was down 2.0%, Waha Capital (OILC) and Arkan Building Materials (ARKAN) fell less than 1%, and the other 6 losers were down on low 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
Marketwatch DFM ADX October 2009 Michel.m Wed 07 Oct 2009 14:49 Investors' Change in Behaviour sam111sam Wed 07 Oct 2009 14:47 DST site down sharewadi Wed 07 Oct 2009 14:45 News and the markets Prop Wed 07 Oct 2009 13:20 Hyperinflation fayesloan Tue 06 Oct 2009 23:19 Whats Happening in the Global Markets fayesloan Tue 06 Oct 2009 22:19 Nasdaq Dubai DST FA meeting Oct 2009 sharewadi Tue 06 Oct 2009 17:26 Which Shares will Peak Faster Now ? MYREDMARKS Tue 06 Oct 2009 14:18 Riding the 5th Wave for DFM OnlineTrader Tue 06 Oct 2009 10:27 Must we invest or trade? Prop Sun 04 Oct 2009 17:56 ADCB bond issue sharewadi Sun 04 Oct 2009 12:31 DFM on Sunday 4th Oct? Prop Sun 04 Oct 2009 11:33 DSI share price analysis 3Q2009 Sunilkhaitan Sat 03 Oct 2009 12:38 Marc Faber Bloomberg interview OnlineTrader Sat 03 Oct 2009 10:41 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

best stock rises symbol price change DRIVE 5.17 +0.47 +10% ASMAK 22.05 +1.15 +5.5% NBQ 3.75 +0.17 +4.7% ALFIRDOUS 1.21 +0.05 +4.3% RAKBANK 4.45 +0.17 +4%

worst stock falls symbol price change GFH 2.50 -0.27 -9.7% ALMADINA 5.70 -0.51 -8.2% ALSALAMSUDAN 2.58 -0.13 -4.8% GULFNAV 0.85 -0.03 -3.4% DEYAAR 0.87 -0.03 -3.3%

top volume symbol value (AED) price EMAAR 586,794,038 4.37 DIB 223,540,048 3.22 DFM 223,375,236 2.47 DANA 216,354,218 1.25 SOROUH 187,642,924 4.10

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