UAE markets 28 Oct 2009

UAE market news & discussions for 28 October 2009 The ADX fell 1.5% to 3097 points from turnover of AED 274m. The DFM fell 1.4% to 2286 points from turnover of AED 1 billion with the foreign secondary listings continuing to suffer heavy falls on high volumes, but the index was propped up by a rise in Emirates NBD. On the Nasdaq Dubai at 1500 UAE time, DP World is down 1.3%, Depa is down 1.4%, Damas is down 2.9%, Dubai Gold Securities is down 1.1%, and Citigold is unchanged from a rare single trade. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most active stock with AED 439m worth of trades, and fell 3.5% to 4.67. Dubai Financial Market (DFM) was the only other stock trading more than AED 100m, falling 2.3% from AED 210m worth of deals. Al Madina Finance (ALMADINA) closed 10% limit down at 1.62, followed by Gulf Finance House (GFH) down 9.1%, and Ektitab Holding (EKTTITAB) down 8.5%, with all three stocks trading significantly higher than usual volumes. Arab International Logistics (ARMX) was down 4.6%, Emarat Takaful Insurance (TAKAFUL-EM) 4.0%, and most other stocks falling between 1%-4%. There were only 3 gainers, Gulfa Mineral Water (GULFA) 5% limit up from low volumes, Emirates NBD (ENBD) 4.0% up, and Arab Insurance Group (ARIG) up 1.0% from just one trade. Abu Dhabi Securities Exchange Aldar Properties (ALDAR) was the most active stock, and the only one trading more than AED 100m (just) as it fell 3.3% to 6.06. Ras Al Khaimah Ceramics (RAKCEC) was the worst loser on trading of more than AED 1m, down 6.9% to 1.72, Agthia Group (AGTHIA) fell 3.45%, Arkan Building Materials (ARKAN) 3.1%, and most other stocks were down less than 3% or on low volumes. There were 6 gainers with only three rising on turnover of more than AED 1m - Al Ain Ahlia Insurance (AAAIC) up 9.8% and also the best gainer, and Abu Dhabi Islamic Bank (ADIB) and National Bank of Abu Dhabi (NBAD) both up less than 0.5%. Emirates Telecom (ETISALAT) fell 2.05%, and Gulf Livestock Company (GLS), the new listing today, was untraded.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch DFM ADX October 2009 foaad Wed 28 Oct 2009 15:19 Gulf Livestock ADX listing sharewadi Wed 28 Oct 2009 15:16 To DU or not to DU ? Prop Wed 28 Oct 2009 12:51 Agthia Profit Decline to 3.2 Fils in 3Q Prop Wed 28 Oct 2009 12:21 ARMX 2009Q3 profit AED42m +23% sharewadi Wed 28 Oct 2009 12:16 ADCB 2009Q3 profit AED44m -90% sharewadi Tue 27 Oct 2009 21:30 QTEL 2009Q3 profit QR710m +9% ixtira Tue 27 Oct 2009 21:28 NBAD 2009Q3 profit AED914m +41% sharewadi Tue 27 Oct 2009 21:27 HITS Telecom Kuwait UAE listing OnlineTrader Tue 27 Oct 2009 17:59 ALDAR 2009Q3 profit AED430m -43% sharewadi Tue 27 Oct 2009 17:06 GULFNAV BOD meeting today 14:00 The Rainmaker Tue 27 Oct 2009 13:37 Aabar Al Mal Buy rating sharewadi Tue 27 Oct 2009 11:13 Hyperinflation sharewadi Tue 27 Oct 2009 10:58 Emirates NBD 2009Q3 profit AED1.05bn +3% sharewadi Mon 26 Oct 2009 22:03 DFM Investor Relations website sharewadi Mon 26 Oct 2009 13:55 PMs not sent or received sharewadi Mon 26 Oct 2009 11:54 Which Shares will Peak Faster Now ? Novice_investor Mon 26 Oct 2009 08:00

best stock rises symbol price change AAAIC 70.40 +6.30 +9.8% GULFA 3.92 +0.18 +4.8% EMIRATESNBD 4.63 +0.18 +4% NMDC 8.00 +0.20 +2.6% JULPHAR 1.89 +0.04 +2.2%

worst stock falls symbol price change ALMADINA 1.62 -0.18 -10% RAPCO 2.25 -0.23 -9.3% GFH 1.80 -0.18 -9.1% EKTTITAB 0.86 -0.08 -8.5% RAKCEC 1.61 -0.12 -6.9%

top volume symbol value (AED) price EMAAR 439,053,280 4.67 DFM 210,759,010 2.56 ALDAR 106,403,418 6.14 ARTC 80,419,294 3.42 SOROUH 43,521,172 3.83

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