UAE markets 12 Nov 2009

UAE market news & discussions for 12 November 2009 The Abu Dhabi stock market was almost unchanged again, rising just 0.02%, or half a point, to 2968 points from turnover of AED 293m. The Dubai stockmarket fell 1.75% to 2167 points from turnover of AED 669m. On the Nasdaq Dubai at 1400 UAE time, DP World is down 4.0%, Damas is down 1.9%, Depa is unchanged, and DGS are up 0.72%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the only stock in Dubai with turnover of more than AED 100m, falling 2.8% to 4.44 from AED 408m. Gulf General Investment (GGICO) was the worst loser on trading of more than AED 1m (marginally), closing 5% limit down at 1.46. Dubai Refreshments (DRC) fell 4.7% on low volumes, Al Madina Finance (ALMADINA) fell 3.7%, Emirates Integrated Telecommunications (DU) 3.2%, Arabtec (ARTC) 3.1%, and the remaining losers were down less than 3%. There were only two gainers, ALSALAMBANK up 0.81%, and Arab Insurance Group (ARIG) up 5.0%, both on low volumes. Abu Dhabi Securities Exchange Aldar Properties (ALDAR), up 1.5%, and Sorouh Real Estate (SOROUH), up 1.8%, were the top stocks by turnover on the ADX today, both trading just over AED 100m worth, and Sorouh was the top gainer of the more active stocks. National Corporation for Tourism & Hotels (NCTH) and Union Cement (UCC) were the top gainers, both 10% limit up but on low trading. National Marine Dredging (NMDC) was up 3.7%, also on low volumes. The remaining gainers were up less than 2%. Fujairah National Bank (NBF) was the worst loser, closing 10% limit down, but from just one small trade. Dana Gas (DANA) was the worst loser on trading of more than AED 1m, falling 2.6% to 1.11, Abu Dhabi National Energy (TAQA) fell 0.72% from low volumes, and the other 9 losers were down on turnover of less than AED 1m each.

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
GGICO 2009Q3 results sam111sam Thu 12 Nov 2009 12:49 Eid Al Adha dates 2009 UAE markets sharewadi Thu 12 Nov 2009 12:32 Marketwatch DFM ADX November 2009 thajuddeen Thu 12 Nov 2009 08:38 EMAAR trend analysis thajuddeen Thu 12 Nov 2009 08:15 Tabreed 2009Q3 profit AE23m sam111sam Thu 12 Nov 2009 08:05 Gulf Finance House rights issue thajuddeen Thu 12 Nov 2009 07:46 Al Madina Finance shares limit down thajuddeen Thu 12 Nov 2009 07:24 Who is dumping RAKCC ? thajuddeen Thu 12 Nov 2009 07:05 Union Properties Q3 Results smartmoney Thu 12 Nov 2009 01:17 UAE macroeconomic outlook Prop Wed 11 Nov 2009 22:29 Yuan dollar peg going? sam111sam Wed 11 Nov 2009 18:39 GFH 2009Q3 loss AED106m -135% GPIC Tue 10 Nov 2009 19:21 Sheikh Mohammed speech shareef.abdulka Tue 10 Nov 2009 16:29 New York DFM Nasdaq Dubai conference sharewadi Tue 10 Nov 2009 11:02 Whats Happening in the Global Markets GPIC Tue 10 Nov 2009 00:02 Buy and sell trading volumes DFM sharewadi Mon 09 Nov 2009 12:04 Day trading mentor wanted cg Mon 09 Nov 2009 09:13

best stock rises symbol price change NCTH 6.32 +0.57 +9.9% UCC 1.58 +0.14 +9.7% ARIG 2.10 +0.10 +5% NMDC 8.34 +0.30 +3.7% SOROUH 3.40 +0.06 +1.8%

worst stock falls symbol price change NBF 5.32 -0.59 -10% DRC 9.50 -0.47 -4.7% GGICO 1.46 -0.07 -4.6% JULPHAR 1.76 -0.07 -3.8% ALMADINA 1.04 -0.04 -3.7%

top volume symbol value (AED) price EMAAR 408,256,802 4.44 ALDAR 104,289,651 5.99 SOROUH 101,576,989 3.40 DFM 98,756,446 2.32 ARTC 47,957,074 3.17

• Comment on this report and view previous reports on the Share Wadi blog.
• Discuss UAE companies at Dubai Share Talk.