UAE markets 15 Oct 2009

UAE market news & discussions for 15 October 2009 The ADX rose 0.34% to 3240 points from turnover of AED 457m. The DFM fell 0.95% to 2351 points from turnover of AED 1.8 billion. On the Nasdaq Dubai at 1430 UAE time, DP World is down 1.7%, Damas is unchanged, Depa is down 2.7%, and a handful of derivatives have traded, all in the red. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) volumes were worth close to half of the Dubai total, with AED 809m of traded value as shares fell 1.0% to 4.84. Dubai Financial Market (DFM) was also busy with AED 342m worth of trading and a 0.37% fall to 2.67.Arabtec (ARTC) was the only other stock trading more than AED 100m, and fell 1.1% to 3.67. Gulf Finance House (GFH) and Al Madina Finance (ALMADINA) closed 10% limit down, Dubai Islamic Insurance (AMAN) and National General Cooling (TABREED) fell 3.5%, Deyaar Development (DEYAAR) was down 3.3%, Arab International Logistics (ARMX) 2.6%, Air Arabia (AIRARABIA) 2.5%, Islamic Arab Insurance (IAIC) 2.1%, and most other actively traded stocks fell less than 2%. Union Properties (UPP) and Gulf Navigation (GULFNAV) were unchanged, and there were only 3 gainers, including Emirates NBD (ENBD) up 0.45%, but none trading more than AED 1m. Abu Dhabi Securities Exchange Aldar Properties (ALDAR) was the most active stock in Abu Dhabi, and the only one with volumes of more than AED 100m with AED 112m worth of deals as it rose slightly by 0.31% to 6.53. Arkan Building Materials (ARKAN) was the best gainer, 10% limit up at 3.77, Bank of Sharjah (BOS) rose 2.0%, Emirates Telecom (ETISALAT) 1.2%, and the remaining gainers were up less than 1% or on low volumes. Green Crescent Insurance (GCIC) was the worst loser on trading of more than AED 1m, falling 1.5% to 1.32. Methaq Islamic Insurance (METHAQ) fell 1.3%, Ras Al Khaimah Properties (RAKPROP) 1.15%, and the remaining losers were down less than 1% or on low trading levels.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Nomura report UAE property sharewadi Thu 15 Oct 2009 14:24 Emaar rights issue rumour Ali Thu 15 Oct 2009 13:17 Marketwatch DFM ADX October 2009 Ali Thu 15 Oct 2009 12:52 GULFNAV and RAKCC MNK Thu 15 Oct 2009 07:31 Dana Gas City Iraq sharewadi Thu 15 Oct 2009 01:31 Buying Dubai government bonds sharewadi Thu 15 Oct 2009 00:55 Gulf Finance House rights issue sharewadi Thu 15 Oct 2009 00:48 Aabar Santander Brazil joypsam1 Thu 15 Oct 2009 00:19 Whats Happening in the Global Markets GPIC Wed 14 Oct 2009 21:44 Aramex Dubai Metro OnlineTrader Wed 14 Oct 2009 19:34 RAKCC technicals dov222 Wed 14 Oct 2009 17:34 Reliable broker for UAE stock trading BIJU R Wed 14 Oct 2009 14:59 Best Brokerage Firm in UAE BIJU R Wed 14 Oct 2009 14:50 Opening ADSM Account in Dubai sunray Wed 14 Oct 2009 13:17 Damas CEO resigns RaNdoMwalk Wed 14 Oct 2009 07:41 DAMAS...is it a good buy? sharewadi Tue 13 Oct 2009 14:06 Nasdaq Dubai DST FA meeting Oct 2009 GPIC Tue 13 Oct 2009 08:53

best stock rises symbol price change ARIG 2.24 +0.29 +14.9% ARKAN 3.76 +0.33 +9.6% OEIHC 1.62 +0.14 +9.5% ALFIRDOUS 1.48 +0.07 +5% NBQ 3.87 +0.12 +3.2%

worst stock falls symbol price change ASMAK 21.60 -2.35 -9.8% GFH 2.21 -0.24 -9.8% ALMADINA 3.05 -0.33 -9.8% UNION 2.75 -0.29 -9.5% FBICO 4.61 -0.44 -8.7%

top volume symbol value (AED) price EMAAR 809,100,274 4.84 DFM 342,166,774 2.67 ARTC 143,007,187 3.67 ALDAR 112,195,906 6.53 UPP 96,429,581 1.11

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