UAE markets 22 Nov 2009

UAE market news & discussions for 22 November 2009 The ADX fell 2.0% to 2865 points from turnover of AED 151m with most stocks down between 2% and 4%, and no gainers of any note. The DFM fell 2.6% to 2073 points on relatively low turnover of AED 281m with Emaar down 4.4%, and Dubai Islamic Bank leading the way down with a fall of 5.3%. On the Nasdaq Dubai at 1530 UAE time, DP World is down 7.4%, Damas is down 3.85%, and Depa is unchanged from just one trade. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the only stock trading more than AED 100m as it fell 4.4% to 4.14 from AED 112m worth of deals. Dubai Islamic Bank (DIB) was the worst of the more active losers, falling 5.3% to 2.67, Arab International Logistics (ARMX) was down 5.1%, Dar Takaful Insurance (DARTAKAFUL) fell 4.8%, Emirates Integrated Telecommunications (DU) was 5% limit down at 3.20, SALAMA fell 4.7%, and most other stocks were down between 2% and 4%. There were only two gainers, Commercial Bank of Dubai (CBD) and Al Salam Bank (SALAM_BAH), both up about 3% but neither trading more than AED 1m worth. Emirates NBD (ENBD) was unchanged which saved the Dubai Financial Market (DFM) index from a worse fall. Abu Dhabi Securities Exchange Aldar Properties (ALDAR) was the most active stock in Abu Dhabi but still only saw AED 34m worth of deals as it fell 4.3% to 5.29. National Marine Dredging (NMDC) was the worst loser, closing 10% limit down but from just one trade. Methaq Islamic Insurance (METHAQ) was the worst loser on turnover of more than AED 1m, falling 6.55% to 4.14. Dana Gas (DANA) was down 4.55%, Aabar Energy (AABAR) 4.5%, Sorouh Real Estate (SOROUH) 4.4%, Arkan Building Materials (ARKAN) 4.0%, and most other stocks fell less than 4%. Commercial Bank International (CBI) was the top gainer, 10% limit up at 1.60, but from just one small trade, there were another 6 gainers, none on significant trading levels except for Finance House (FH), up 0.57% from just over AED 1m worth of deals. Emirates Telecom (ETISALAT) fell 1.3%, and National Bank of Abu Dhabi (NBAD) fell 3.0%.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
EMAAR trend analysis thajuddeen Sun 22 Nov 2009 15:25 Marketwatch DFM ADX November 2009 Novice_investor Sun 22 Nov 2009 15:15 GGICO 2009Q3 results thajuddeen Sun 22 Nov 2009 14:03 Al Madina Finance shares limit down OnlineTrader Sun 22 Nov 2009 12:24 Emaar Dubai Holding merger Prop Sun 22 Nov 2009 09:29 Emaar India IPO soon thajuddeen Sat 21 Nov 2009 11:47 Dubai economic recovery fayesloan Sat 21 Nov 2009 01:43 Gulf Finance House rights issue Novice_investor Sat 21 Nov 2009 00:33 Dubai replaces head of DIFC muhammedq Fri 20 Nov 2009 21:40 Must we invest or trade? thajuddeen Fri 20 Nov 2009 17:02 DFM investor returns since 2005 sam111sam Fri 20 Nov 2009 14:26 Arkan research Novice_investor Fri 20 Nov 2009 01:02 Aabar, Daimler and F1... ixtira Thu 19 Nov 2009 23:09 Eid Al Adha dates 2009 UAE markets GPIC Thu 19 Nov 2009 18:53 AABAR buys New York building ixtira Thu 19 Nov 2009 18:50 UAE macroeconomic outlook GPIC Thu 19 Nov 2009 18:08 Carbon emissions trading Dubai aerojack Thu 19 Nov 2009 16:50

best stock rises symbol price change CBI 1.60 +0.14 +9.6% RAKBANK 4.47 +0.16 +3.7% SALAM_BAH 1.03 +0.03 +3% CBD 3.90 +0.10 +2.6% GCEM 1.75 +0.03 +1.7%

worst stock falls symbol price change NMDC 7.30 -0.81 -10% TAKAFUL-EM 1.38 -0.10 -6.8% METHAQ 4.14 -0.29 -6.5% ACICO 5.50 -0.35 -6% DIB 2.67 -0.15 -5.3%

top volume symbol value (AED) price EMAAR 112,267,837 4.14 DFM 40,016,280 2.12 ALDAR 34,030,208 5.31 ARTC 28,773,668 3.01 DANA 28,035,803 1.05

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