UAE markets 13 Dec 2009

UAE market news & discussions for 13 December 2009 The ADX rose 4.5% to 2614 points from turnover of AED 185m with a large number of stocks with 10% limit up closing prices. The DFM rose 3.3% to 1695 points from turnover of just over AED 1 billion. On the Nasdaq Dubai at 1530 UAE time, DP World is the only stock traded, up 8.6%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most active stock in Dubai, rising 6.8% to 3.14 from AED 346m worth of trading. Two other stocks saw more than AED 100m worth of turnover, Arabtec (ARTC) up 6.5% to 1.97 and Dubai Financial Market (DFM) up 7.6% to 1.69. Dubai Islamic Bank (DIB) was the top gainer, up 11.2% to 2.19. National General Cooling (TABREED) rose 7.7%, Al Madina Finance (ALMADINA) 6.6%, Islamic Arab Insurance (IAIC) 6.2%, and most other stocks were up between 1% and 6%. There were 3 losers, Emirates NBD (ENBD) 5% limit down, Gulf Finance House (GFH) down by 3.7%, and Dar Takaful Insurance (DARTAKAFUL) down by 1.2%. Abu Dhabi Securities Exchange Aldar Properties (ALDAR) was the most active stock in Abu Dhabi, closing 10% limit up at 4.53 from AED 52m worth of deals. Another 13 stocks had 10% limit up closing prices including First Gulf Bank (FGB), National Bank of Abu Dhabi (NBAD), Abu Dhabi Commercial Bank (ADCB), Sorouh Real Estate (SOROUH), Ras Al Khaimah Properties (RAKPROP), and Waha Capital (OILC). Most other gainers were up between 4% and 8%. There were seven losers with Union Cement (UCC) 10% limit down from just one trade, and only two losers trading more than AED 1m - Ras Al Khaimah White Cement (RAKWCT) down 3.2%, and Sharjah Cement (SCIDC) down 0.79%. Emirates Telecom (ETISALAT) rose 1.9% to 10.75.

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
EMAAR trend analysis thajuddeen Sun 13 Dec 2009 15:19 Today and rest of the week aerojack Sun 13 Dec 2009 14:54 DFM foreign investment 06-10 Dec 09 thajuddeen Sun 13 Dec 2009 14:46 Marketwatch DFM ADX December 2009 Talha Sun 13 Dec 2009 14:05 How low will UAE stocks fall? Rashid Sun 13 Dec 2009 13:06 Air Arabia's Cash Position bandakok Sun 13 Dec 2009 10:53 Dubai World Nakheel bond Rashid Sun 13 Dec 2009 08:42 Which Shares will Peak Faster Now ? thajuddeen Sat 12 Dec 2009 22:49 EMAAR merger vs Dubai World default thajuddeen Sat 12 Dec 2009 19:04 Whats Happening in the Global Markets Novice_investor Sat 12 Dec 2009 08:31 Istithmar sells W Hotel in New York sharewadi Sat 12 Dec 2009 08:05 Sheikh Mohammed speech frogleg Fri 11 Dec 2009 22:04 DFM stock portfolio for new investor mohsent Fri 11 Dec 2009 21:56 Nakheel debt negotiations shares queen Fri 11 Dec 2009 20:36 Sheikh Sultan of RAK dies shares queen Fri 11 Dec 2009 20:34 ARKAN 1.1 billion cement factory. shares queen Fri 11 Dec 2009 19:36 Rental income vs debt payment in Dubai Novice_investor Fri 11 Dec 2009 19:29

best stock rises symbol price change DIB 2.19 +0.22 +11.2% FH 5.83 +0.53 +10% FGB 14.50 +1.30 +9.8% ADSB 3.38 +0.30 +9.7% NBAD 11.85 +1.05 +9.7%

worst stock falls symbol price change UCC 1.28 -0.14 -9.9% BILDCO 2.05 -0.12 -5.5% EMIRATESNBD 3.14 -0.16 -4.8% SUDATEL 3.06 -0.12 -3.8% GFH 1.04 -0.04 -3.7%

top volume symbol value (AED) price EMAAR 345,842,447 3.14 ARTC 172,665,438 1.97 DFM 147,359,398 1.69 DSI 87,190,561 0.83 AIRARABIA 82,496,309 0.89

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