UAE markets 28 Dec 2009

UAE market news & discussions for 28 December 2009 The ADX rose 1.2% to 2728 points from low turnover of AED 155m. The DFM rose 3.4% from more solid turnover of AED 712m. On the Nasdaq Dubai at 1445 UAE time, only DP World has traded, up 3.65%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most active stock and second highest gainer, rising 5.6% to 3.96 from turnover of AED 339m. Arabtec (ARTC) was the standout gainer and the only other stock trading more than AED 100m, closing 15% limit up at 2.72 from AED 140m worth of deals. Dubai Financial Market (DFM) was up 4.8%, Emirates Integrated Telecommunications (DU) rose 4.6%, Union Properties (UPP) increased by 4.5%, Al Madina Finance (ALMADINA) by 4.0%, and most other stocks were up less than 4%. There were only two losers, Global Investment House (GLOBAL) 10% limit down, and Al Salam Bank (SALAM_BAH) down 2.1%, both on low volumes. Ektitab Holding (EKTTITAB) was unchanged. Abu Dhabi Securities Exchange Aldar Properties (ALDAR) was the most active stock in Abu Dhabi but only traded AED 38m, rising 2.2% to 5.19. Waha Capital (OILC) was the standout gainer, closing 10% limit up at 0.89. Abu Dhabi National Building Materials (BILDCO) was also 10% limit up but from just one trade. Methaq Islamic Insurance (METHAQ) rose 3.6%, Sorouh Real Estate (SOROUH) 2.7%, Abu Dhabi National Energy (TAQA) 2.5%, and most other stocks were up less than 2.5% or on low volumes. There were six losers, including International Fish Farming (ASMAK) 10% limit down but from just one trade, and Abu Dhabi Islamic Bank (ADIB) down 0.35%, the only loser trading more than AED 1m worth.

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 Michel.m Mon 28 Dec 2009 12:06 UAE signs Dh75 billion nuclear deal nothing Mon 28 Dec 2009 10:36 GGICO 2009Q3 results ixtira Sun 27 Dec 2009 16:59 UPP shares suspended ixtira Sun 27 Dec 2009 16:35 EMAAR trend analysis thajuddeen Sat 26 Dec 2009 20:55 Burj Dubai opening delay? Parker Fri 25 Dec 2009 23:47 HITS Telecom Kuwait UAE listing sharewadi Fri 25 Dec 2009 23:13 ARKAN (AED 1.1 billion) Cement factory "deal" sharewadi Fri 25 Dec 2009 22:52 investing for 2010 vishnath Thu 24 Dec 2009 21:31 Dubai shares in 2010 abu zaid Thu 24 Dec 2009 11:54 Al Madina Finance shares limit down Krazy Guy Thu 24 Dec 2009 11:35 UPP buy or sell? sharekiddy Thu 24 Dec 2009 11:01 Union Properties government support ixtira Thu 24 Dec 2009 10:05 Derivatives trading on DFM Novice_investor Wed 23 Dec 2009 20:30 Drake & Scull CFO Resigns Metric Wed 23 Dec 2009 15:09 Dubai debts to Japan ixtira Wed 23 Dec 2009 14:01 Waha Capital - GMMOS vessel acquisition nothing Wed 23 Dec 2009 13:50

best stock rises symbol price change ARTC 2.72 +0.35 +14.8% BILDCO 1.92 +0.17 +9.7% EIC 6.80 +0.56 +9% DARTAKAFUL 1.69 +0.11 +7% OILC 0.86 +0.05 +6.2%

worst stock falls symbol price change ASMAK 18.10 -2.00 -10% GLOBAL 1.35 -0.14 -9.4% FH 5.50 -0.33 -5.7% RAKCEC 1.39 -0.03 -2.1% SALAM_BAH 0.93 -0.02 -2.1%

top volume symbol value (AED) price EMAAR 339,493,089 3.96 ARTC 139,920,197 2.72 DFM 87,819,253 1.95 ALDAR 37,573,937 5.10 AABAR 31,825,792 2.25

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