UAE markets 09 Dec 2009

UAE market news & discussions for 09 December 2009 The ADX fell 2.8% to 2467 points from AED 202m worth of trading, with several stocks closing 10% limit down. The DFM continued its death spiral with the index down by 6.4% to 1533 points from turnover of AED 338m, and almost every actively traded stock closing 5% or 10% limit down with no buyers in the queue. On the Nasdaq Dubai at 1445 UAE time, DP World is down 11.3%, Depa is down 3.7%, and DGS is down 2.7%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market There were no stocks trading more than AED 100m worth today. Emaar Properties (EMAAR) was the most active, closing 10% limit down at 2.56 from AED 81m of turnover. As mentioned, most other stocks closed 10% limit down. Emirates Integrated Telecommunications (DU), Emirates NBD (ENBD), and Gulf General Investment (GGICO) closed 5% limit down. Air Arabia (AIRARABIA) was the least bad loser of the more active stocks, falling just 2.3%, and Shuaa Capital (SHUAA) was down 7.9%. Ajman Islamic Bank (AJMANBANK) was the only gainer, up 2.4% to 0.84. Abu Dhabi Securities Exchange Aldar Properties (ALDAR) was the most active stock in Abu Dhabi, falling 4.6% to 3.78 from AED 75m worth of trades. Sorouh Real Estate (SOROUH), Dana Gas (DANA), Waha Capital (OILC), Ras Al Khaimah Properties (RAKPROP), Arkan Building Materials (ARKAN), Union National Bank (UNB), and another 5 less active stocks all had closing prices 10% limit down. Most other stocks fell between 3% and 7%. National Bank of Abu Dhabi (NBAD), down 3.2%, and Emirates Telecom (ETISALAT), down 0.95%, were the least bad losers. There were only three gainers, Abu Dhabi National Hotels (ADNH), BILDO, and Gulf Pharmaceutical Industries (JULPHAR), all up by less than 2.5% and with only 4 small trades between them.

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
Marketwatch DFM ADX December 2009 bandakok Wed 09 Dec 2009 14:34 How low will UAE stocks fall? MNK Wed 09 Dec 2009 13:53 EMAAR trend analysis OnlineTrader Wed 09 Dec 2009 13:44 EMAAR merger vs Dubai World default thajuddeen Wed 09 Dec 2009 11:30 DSI share price analysis 3Q2009 Metric Wed 09 Dec 2009 11:08 Lala's recommendations investor Wed 09 Dec 2009 07:11 UAE bank ratings downgrade shares queen Wed 09 Dec 2009 00:37 Abu Dhabi vs Dubai non-oil sectors Krazy Guy Wed 09 Dec 2009 00:18 Dubai World creditors meeting shares queen Wed 09 Dec 2009 00:14 Nakheel bailout shares queen Tue 08 Dec 2009 23:48 Fair values, target prices UAE stocks Jan 2010 sharewadi Tue 08 Dec 2009 22:05 UAE macroeconomic outlook frogleg Tue 08 Dec 2009 19:18 Emirates NBD Dubai World exposure sharewadi Tue 08 Dec 2009 11:58 Al Madina Finance shares limit down thajuddeen Tue 08 Dec 2009 11:27 Dubai World asset sale RaNdoMwalk Mon 07 Dec 2009 21:37 GGICO 2009Q3 results GPIC Mon 07 Dec 2009 15:09 Forex brokers in UAE fayesloan Mon 07 Dec 2009 14:24

best stock rises symbol price change AJMANBANK 0.84 +0.02 +2.4% JULPHAR 1.69 +0.04 +2.4% BILDCO 2.17 +0.04 +1.9% ADNH 3.49 +0.03 +0.9%

worst stock falls symbol price change DIC 0.81 -0.09 -10% ALMADINA 0.72 -0.08 -10% ADSB 2.80 -0.31 -10% DIB 1.72 -0.19 -9.9% METHAQ 2.90 -0.32 -9.9%

top volume symbol value (AED) price EMAAR 80,736,565 2.56 ALDAR 75,288,025 3.98 ARTC 48,821,978 1.73 AIRARABIA 46,084,532 0.84 DSI 43,252,418 0.76

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