UAE markets 07 Dec 2009

UAE market news & discussions for 07 December 2009 The ADX fell 1.7% to 2627 points from turnover of AED 249m. The DFM plunged 5.8% to 1745 points from turnover of AED 499m with Emaar, Arabtec, Union Properties, and DFM shares closing 10% limit down and no buyers in the queue. On the Nasdaq Dubai at 1500 UAE time, DP World is down 7.75%, DGS is down 0.77%, and Depa is unchanged. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most active stock in Dubai, closing 10% limit down at 3.15 from AED 168m worth of deals. Arabtec (ARTC), 10% limit down at 2.13, was the only other stock trading more than AED 100m worth. Dubai Financial Market (DFM) and Union Properties (UPP) also closed 10% limit down, and Emirates NBD (ENBD) was 5% limit down on low volumes. Most other stocks fell between 4% and 9%. Arab International Logistics (ARMX) was the least bad loser on active trading, down 2.3%, Shuaa Capital (SHUAA) was unchanged, and there were no gainers. Abu Dhabi Securities Exchange Aldar Properties (ALDAR) was the most active stock in Abu Dhabi with a fall of 2.0% to 4.33 from AED 96m worth of trading. Al Khazna Insurance (AKIC) was the worst loser, closing 10% limit down at 1.02 with no buyers in the queue. Abu Dhabi Commercial Bank (ADCB) fell 8.8% and First Gulf Bank (FGB) was down 6.35%. Methaq Islamic Insurance (METHAQ) fell 5.15%, and the remaining losers fell less than 4% or on thin trading. There were 7 gainers including Abu Dhabi National Hotels (ADNH) and Fujairah National Bank (NBF) closing 10% limit up but with just 3 trades between them. Agthia Group (AGTHIA) was the only gainer on turnover of more than AED 1m, closing 1.2% up at 1.80. Emirates Telecom (ETISALAT) fell 2.3% and National Bank of Abu Dhabi (NBAD) was unchanged.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
GGICO 2009Q3 results GPIC Mon 07 Dec 2009 15:09 EMAAR trend analysis GPIC Mon 07 Dec 2009 15:00 Dubai World creditors meeting Krazy Guy Mon 07 Dec 2009 14:30 Forex brokers in UAE fayesloan Mon 07 Dec 2009 14:24 Marketwatch DFM ADX December 2009 thajuddeen Mon 07 Dec 2009 14:23 Air Arabia dividend Novice_investor Mon 07 Dec 2009 13:01 Century Financial Brokers Dubai hakeemcfb Mon 07 Dec 2009 12:41 Lala's recommendations investor Mon 07 Dec 2009 12:34 Air Arabia awards LCC 2009 sharewadi Mon 07 Dec 2009 12:00 Gold expected to move in $50 leaps hakeemcfb Mon 07 Dec 2009 11:32 Undervalued stocks DFM ADX December 2009 Foreigner Mon 07 Dec 2009 02:52 EMAAR merger vs Dubai World default GPIC Mon 07 Dec 2009 02:17 Aramex share price - theory thajuddeen Mon 07 Dec 2009 00:59 Jews taking over Dubai sharewadi Mon 07 Dec 2009 00:40 December 2009 the best month for UAE stocks? GPIC Sun 06 Dec 2009 18:50 UAE bank ratings downgrade sharewadi Sun 06 Dec 2009 15:29 Dubai World Nakheel bond sharewadi Sun 06 Dec 2009 14:18

best stock rises symbol price change NBF 6.84 +0.62 +10% ADNH 3.81 +0.34 +9.8% ALSALAMSUDAN 2.58 +0.20 +8.4% SUDATEL 3.50 +0.10 +2.9% BILDCO 2.13 +0.05 +2.4%

worst stock falls symbol price change EMAAR 3.15 -0.35 -10% ARTC 2.13 -0.23 -9.7% AKIC 1.02 -0.11 -9.7% DFM 1.68 -0.18 -9.7% UPP 0.68 -0.07 -9.3%

top volume symbol value (AED) price EMAAR 167,878,451 3.15 ARTC 102,534,955 2.13 ALDAR 96,157,662 4.46 DFM 57,473,495 1.68 AIRARABIA 45,289,079 0.90

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