UAE markets 18 Oct 2009

UAE market news & discussions for 18 October 2009 The ADX fell 1.0% to 3207 points from turnover of AED 223m. The DFM fell 2.5% to 2292 points from turnover of AED 866m. On the Nasdaq Dubai at 1415 UAE time, DP World is down 3.5% and Damas is down 2.9%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most active stock in Dubai by far, plunging 4.75% to 4.61 from turnover of AED 427m, also the worst of the usually active stocks. Dubai Financial Market (DFM) was the only other stock trading more than AED 100m worth and fell 4.1% to 2.56 from traded value of AED 133m. Gulf Finance House (GFH) and Al Madina Finance (ALMADINA) closed 10% limit down, Arabtec (ARTC) fell 4.6%, National General Cooling (TABREED) 4.5%, Drake & Scull (DSI) 4.3%, Dar Takaful Insurance (DARTAKAFUL) 4.2%, and most other stocks fell between 1% and 4%. There were only two gainers, Al Firdous Holdings (ALFIRDOUS) and Emirates Integrated Telecommunications (DU), both 5% limit up. Abu Dhabi Securities Exchange Sorouh Real Estate (SOROUH), down 2.9% to 3.93, and Aldar Properties (ALDAR), down 4.0% to 6.17 and almost the worst loser, were the most active stocks in Abu Dhabi but both traded only about AED 40m worth each. Methaq Islamic Insurance (METHAQ) was the worst of the more active losers, down 4.0% to 4.97. Abu Dhabi National Takaful (TKFL) was 10% limit down from 1 very small trade, Abu Dhabi Commercial Bank (ADCB) fell 3.75%, Waha Capital (OILC) 3.7%, Abu Dhabi Aviation (ADAVIATION) 3.45%, and most other losers fell between 1% and 3%. National Bank of Abu Dhabi (NBAD) fell 1.1%, Emirates Telecom (ETISALAT) was down 0.4%, and Ras Al Khaimah Properties (RAKPROP) was down 2.3% after releasing weak Q3 profit figures yesterday. There were 8 gainers but only two on turnover of more than AED 1m: Arkan Building Materials (ARKAN) up 6.1% to 4.00, and Union Insurance (UNION) up 6.2% to 2.75.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch DFM ADX October 2009 Prop Sun 18 Oct 2009 13:07 RAK Properties 2009Q3 profit Dh38m -63% sharewadi Sun 18 Oct 2009 10:17 Thank you all, Specially Sharewadi Prop Sun 18 Oct 2009 09:20 Dubai real estate reports Prop Sun 18 Oct 2009 08:34 Whats Happening in the Global Markets GPIC Sun 18 Oct 2009 00:30 DFM stock portfolio for new investor fayesloan Sun 18 Oct 2009 00:29 Dana Gas City Iraq sharewadi Sat 17 Oct 2009 23:38 Nomura report UAE property RaNdoMwalk Sat 17 Oct 2009 18:07 Emaar rights issue rumour sam111sam Sat 17 Oct 2009 17:49 Dividend payments Dubai sharewadi Sat 17 Oct 2009 16:53 Al Salam Bank 09Q3 profit Dh44.4m sam111sam Sat 17 Oct 2009 15:30 DST member introductions fayesloan Sat 17 Oct 2009 02:54 Damas CEO resigns RaNdoMwalk Sat 17 Oct 2009 00:20 ESCA corporate transparency law sharewadi Fri 16 Oct 2009 17:21 RAKCC technicals ixtira Fri 16 Oct 2009 12:28 GULFNAV and RAKCC MNK Thu 15 Oct 2009 07:31 Buying Dubai government bonds sharewadi Thu 15 Oct 2009 00:55

best stock rises symbol price change OEIHC 1.77 +0.15 +9.3% ADSB 3.72 +0.22 +6.3% UNION 2.92 +0.17 +6.2% ARKAN 3.99 +0.23 +6.1% DU 3.58 +0.17 +5%

worst stock falls symbol price change TKFL 5.40 -0.60 -10% GFH 1.99 -0.22 -10% ALMADINA 2.75 -0.30 -9.8% EMAAR 4.61 -0.23 -4.8% ARTC 3.50 -0.17 -4.6%

top volume symbol value (AED) price EMAAR 426,917,913 4.61 DFM 133,111,343 2.56 ARTC 79,245,876 3.50 SOROUH 44,347,971 3.96 ALDAR 41,791,513 6.27

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