UAE markets 17 Nov 2009

UAE market news & discussions for 17 November 2009 The ADX barely moved yet again, down 0.10% to 2964 points from low turnover of AED 146m with Sorouh and Aldar the most active stocks, falling about 1% from AED 30m worth of deals each, and nothing of particular note in the gainers or losers list, with the two heavyweights NBAD and Etisalat unchanged. The DFM was down 0.91% to 2179 points from turnover of AED 567m, with Emaar deals worth over AED 300m as it fell 1.1% to 4.50, and apart from a 1% rise in Emirates NBD keeping the DFM index from looking even worse, most other stocks fell between 1% and 4%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) traded AED 317m, the most active stock in Dubai and the only one over AED 100m worth. Dar Takaful Insurance (DARTAKAFUL) was the worst loser on more than AED 1m worth of trading, down 4.1% to 2.11, Al Madina Finance (ALMADINA) fell 3.8, Gulf Finance House (GFH) 3.4%, and almost all other stocks were down less than 3%. There were only 3 gainers, the rarely traded Aerated Concrete Industries (ACICO) up 13.8% from one trade, Emirates NBD (ENBD) up 1.1% to 4.65, and Al Salam Bank Sudan (ALSALAMSUDAN) up 0.8%. Ektitab Holding (EKTTITAB) and Shuaa Capital (SHUAA) were unchanged. Abu Dhabi Securities Exchange Aldar Properties (ALDAR) and Sorouh Real Estate (SOROUH) traded about AED 30m worth each, falling 1.2% and 0.8% respectively. International Fish Farming (ASMAK), National Corporation for Tourism & Hotels (NCTH), and Ras Al Khaimah Poultry (RAPCO) all closed 10% limit up, each from a single trade. Aabar Energy (AABAR) was the best of the more active gainers, up just 1.2% to 2.55. Waha Capital (OILC) rose 1.0%, and the remaining gainers were up less than 1% or on thin trading. National Bank of Abu Dhabi (NBAD), Emirates Telecom (ETISALAT), and Dana Gas (DANA) were amongst the 7 stocks unchanged. Green Crescent Insurance (GCIC), down 2.5%, was the worst of the more active losers, Sharjah Islamic Bank (NBS) fell 1.9%, Abu Dhabi Islamic Bank (ADIB) 1.6%, and the other losers were down less than 1.5% or on thin trading.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch DFM ADX November 2009 GPIC Tue 17 Nov 2009 15:14 Al Madina Finance shares limit down OnlineTrader Tue 17 Nov 2009 15:11 EMAAR trend analysis OnlineTrader Tue 17 Nov 2009 15:06 Aabar, Daimler and F1... GPIC Tue 17 Nov 2009 14:56 Aabar 2009Q3 profit AED1.5bn maq3012 Tue 17 Nov 2009 12:54 Arabtec Lebanon Egypt Krazy Guy Tue 17 Nov 2009 10:13 Gazprom St Petersburg tower concerns Krazy Guy Tue 17 Nov 2009 10:12 Gulf Finance House DB Murabaha loan $100m sharewadi Mon 16 Nov 2009 09:37 Union Properties 2009 Q3 Results sam111sam Mon 16 Nov 2009 08:40 Trading Academy Dubai fayesloan Mon 16 Nov 2009 01:03 Air Arabia 2009Q3 profit AED144m -33% sharewadi Sun 15 Nov 2009 13:56 Green Crescent 2009Q3 loss AED5.3m sharewadi Sun 15 Nov 2009 09:34 Eid Al Adha dates 2009 UAE markets sam111sam Sat 14 Nov 2009 22:17 Dana Gas 2009Q3 loss AED79m sharewadi Fri 13 Nov 2009 16:32 GGICO 2009Q3 results thajuddeen Thu 12 Nov 2009 18:48 Tabreed 2009Q3 profit AE23m sam111sam Thu 12 Nov 2009 08:05 Gulf Finance House rights issue thajuddeen Thu 12 Nov 2009 07:46

best stock rises symbol price change ACICO 5.85 +0.71 +13.8% ASMAK 18.70 +1.70 +10% NCTH 8.30 +0.75 +9.9% RAPCO 2.05 +0.18 +9.6% FH 5.81 +0.21 +3.8%

worst stock falls symbol price change QTEL 145.00 -10.00 -6.5% NMDC 8.15 -0.43 -5% GGICO 1.41 -0.07 -4.7% DARTAKAFUL 2.11 -0.09 -4.1% ALMADINA 1.01 -0.04 -3.8%

top volume symbol value (AED) price EMAAR 316,670,845 4.50 DFM 88,553,288 2.30 ARTC 33,596,957 3.20 SOROUH 33,563,779 3.36 ALDAR 26,167,254 5.95

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