UAE markets 16 Dec 2009

UAE market news & discussions for 16 December 2009 The ADX fell 0.94% to 2768 points from turnover of AED 173m. The DFM gained 2.5% to 1890 points from turnover of AED 727m. On the Nasdaq Dubai at 1415 UAE time, DP World is down 1.2%, Depa is unchanged, and Damas is down a massive 50% although the bid-offer spread is that much so it might not be a reflection of any bad news. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most active stock in Dubai with a 7.0% rise to 3.98 from turnover of AED 335m, and was also the top gainer. Dubai Financial Market (DFM) was the only other share trading more than AED 100m, rising 3.7% to 1.95 from AED 106m worth of deals. Arabtec (ARTC) was up 4.8%, Drake & Scull (DSI) 4.55%, Union Properties (UPP) 4.3%, and most other stocks rose between 1% and 4%. There were 6 losers with Commercial Bank of Dubai (CBD) 5% limit down from just 1 trade, and Gulf Navigation (GULFNAV) the only loser on more than AED 1m worth of trading, down 1.6% to 0.62. Abu Dhabi Securities Exchange Aldar Properties (ALDAR) was the most active stock in Abu Dhabi, closing unchanged at 5.32 from AED 70m worth of deals. Invest Bank (INVESTB) was the top gainer, closing 10% limit up at 2.00 but from just one trade. There were only five other gainers, and only First Gulf Bank (FGB) saw more than AED 1m worth of trading, up 1.6% to 15.90. Abu Dhabi National Building Materials (BILDCO) was the worst loser, 10% limit down but from low volumes. Abu Dhabi Islamic Bank (ADIB) was the worst of the more active losers, down 4.8% to 2.81, Abu Dhabi National Energy (TAQA) fel 4.65%, and most other stocks fell less than 3%, including Emirates Telecom (ETISALAT) down 1.8%, and National Bank of Abu Dhabi (NBAD) down 0.37%.

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
Future of EMAAR after Burj Dubai opening ITSME Wed 16 Dec 2009 14:14 Al Madina Finance shares limit down mohsent Wed 16 Dec 2009 13:30 Employees out of work in Dubai J.R. Wed 16 Dec 2009 12:11 DST member introductions J.R. Wed 16 Dec 2009 11:59 Abu Dhabi vs Dubai non-oil sectors J.R. Wed 16 Dec 2009 11:47 Emirates NBD Dubai World exposure J.R. Wed 16 Dec 2009 11:30 Abu Dhabi bailout Nakheel bond J.R. Wed 16 Dec 2009 11:01 ARKAN 1.1 billion cement factory. J.R. Wed 16 Dec 2009 10:53 How low will UAE stocks fall? Rick Wed 16 Dec 2009 10:25 Sheikh Mohammed speech joypsam1 Wed 16 Dec 2009 02:03 Arkan research J.R. Tue 15 Dec 2009 22:52 Today and rest of the week famj Tue 15 Dec 2009 22:52 EMAAR trend analysis thajuddeen Tue 15 Dec 2009 21:14 Aramex share price - theory thajuddeen Tue 15 Dec 2009 14:33 GGICO 2009Q3 results thajuddeen Tue 15 Dec 2009 13:30 Marketwatch DFM ADX December 2009 diego10 Tue 15 Dec 2009 12:19 Which Shares will Peak Faster Now ? sam111sam Tue 15 Dec 2009 09:18

best stock rises symbol price change INVESTB 2.00 +0.18 +9.9% EMAAR 3.98 +0.26 +7% ARTC 2.40 +0.11 +4.8% DSI 0.92 +0.04 +4.5% UPP 0.73 +0.03 +4.3%

worst stock falls symbol price change ASMAK 16.80 -1.60 -8.7% BILDCO 2.06 -0.19 -8.4% GLOBAL 1.49 -0.11 -6.9% GMPC 2.36 -0.17 -6.7% ADIB 2.76 -0.14 -4.8%

top volume symbol value (AED) price EMAAR 334,725,799 3.98 DFM 105,979,525 1.95 ARTC 95,909,677 2.40 ALDAR 70,473,209 5.24 DSI 45,891,043 0.92

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