UAE markets 30 Nov 2009

UAE market news & discussions for 30 November 2009 As many investors feared, the UAE markets tanked horrendously when they reopened after the Eid break, after statements last week that were interpreted as indicating a debt default was a possibility for Nakheel and Dubai World. On Friday, WAM, the official UAE news agency, reported that the bloodbath was apparently expected when they said that "The Government is spearheading the restructuring of this commercial operation in the full knowledge of how the markets would react." The same news release also said that "Further information will be made available early next week." Obviously, whatever that information was, it wasn't enough to reassure UAE investors when the stock markets opened today. Almost all traded stocks on the DFM and ADX hit the 10% limit down price with very few investors interested in buying. Volumes were low as a result of the lack of interest, and it looks likely that there will be more heavy falls tomorrow, if not a limit down day again, for most stocks. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market The Dubai Financial Market (DFM) fell 7.3% to 1940 points from just 37m worth of trading, a tiny amount, but unsurprising given that every traded stock bar one, closed 5% or 10% limit down with no buyers queuing up. The lone stock with buyer interest at close was Dubai National Insurance & Reinsurance (DNIR). Abu Dhabi Securities Exchange Abu Dhabi plunged by 8.3% to 2668 points from 117m worth of trades. Emirates Telecom (ETISALAT) and National Bank of Abu Dhabi (NBAD) were included in the list of limit down stocks, even though National Bank of Abu Dhabi (NBAD) was one of the few banks to actually take the opportunity to show that there is more than just talk of investor relations in the UAE - they released figures to show the extent of their loan exposure to Dubai World. Given that they won a recent award for investor relations, it would have been embarrassing if they hadn't. Two other banks released statements - CBI said they had no exposure, and FGB said their exposure wasn't what the media said it was but didn't tell us what it was anyway. The only gainer was Abu Dhabi National Building Materials (BILDCO), up just 1% from a single trade. The least bad loser was Ras Al Khaimah White Cement (RAKWCT), down 5.15% to 0.92.

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 November 2009 thajuddeen Mon 30 Nov 2009 15:32 GGICO 2009Q3 results thajuddeen Mon 30 Nov 2009 14:27 Dubai World Nakheel bond delay GPIC Mon 30 Nov 2009 13:26 Gold Trading fayesloan Mon 30 Nov 2009 13:17 Dec may become the best month in 2009 ? sam111sam Mon 30 Nov 2009 13:04 EMAAR trend analysis Krazy Guy Mon 30 Nov 2009 12:20 NBAD exposure to Dubai World Krazy Guy Mon 30 Nov 2009 11:52 What to buy or do on 30 Nov 2009 sammy Mon 30 Nov 2009 10:45 Al Madina Finance shares limit down nothing Mon 30 Nov 2009 10:05 where does the money go? UmbrellaCorp Mon 30 Nov 2009 01:35 Arkan research shares queen Sun 29 Nov 2009 19:34 UAE macroeconomic outlook sharewadi Sun 29 Nov 2009 17:13 Carbon emissions trading Dubai fayesloan Sun 29 Nov 2009 03:02 DFM stock portfolio for new investor fayesloan Sun 29 Nov 2009 02:25 Trading outside market hours in UAE? sharewadi Thu 26 Nov 2009 23:13 DAMAS Priced at 0.371 Cents on Bloomberg sm2000 Thu 26 Nov 2009 16:16 Gulf Finance House rights issue Foreigner Wed 25 Nov 2009 19:40

best stock rises symbol price change BILDCO 2.12 +0.02 +1%

worst stock falls symbol price change SHUAA 1.53 -0.17 -10% NMDC 8.01 -0.89 -10% UNB 3.33 -0.37 -10% GULFNAV 0.63 -0.07 -10% NBS 0.90 -0.10 -10%

top volume symbol value (AED) price ETISALAT 41,754,812 10.20 NBAD 33,049,154 12.10 AGTHIA 13,514,555 1.71 ARTC 7,831,471 2.77 ALDAR 7,264,535 4.96

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UAE markets 25 Nov 2009

UAE market news & discussions for 25 November 2009 The ADX rose 0.56% to 2910 points from a low AED 124m worth of trading. The DFM rose 1.1% to 2093 points from turnover of AED 278m. On the Nasdaq Dubai at 1430 UAE time, DP World is up 6.7%, Depa is unchanged, and there has been a trade in DFM derivatives, up 2.7%. The UAE markets are closed tomorrow, and open next week on Monday and Tuesday only. Sharewadi is on holiday for the week so if the jungle wireless connection is a bit sketchy, the daily market report might not be sent for those days. Normal service should resume on Sunday 06 December 2009. Eid Mubarak everyone and have a great holiday whatever you do and wherever you go! UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most active stock in Dubai, but didn't crack AED 100m, rising 0.73% to 4.16 from AED 93m worth of deals. A couple of the Kuwait secondary listings stood out on trading volumes, Ektitab Holding (EKTTITAB) in third spot with AED 24m worth of deals, and its 7.0% rise to 0.76 also putting it in third spot on the gainers list. Al Madina Finance (ALMADINA) was the best of the more active stocks, rising 7.45% to 1.01 from a relatively high AED 15m worth of turnover. Global Investment House (GLOBAL) was the top gainer at 15% limit up but from just a handful of small trades. Gulf Finance House (GFH) rose 5.3%, Deyaar Development (DEYAAR) 4.35%, Emirates Integrated Telecommunications (DU) 4.2%, Dar Takaful Insurance (DARTAKAFUL) 4.0%, Drake & Scull (DSI) 3.1%, and the remaining gainers were up less than 3%. There were only two losers, Dubai National Insurance & Reinsurance (DNIR) down 0.87% from just one trade, and Emirates NBD (ENBD) down 0.43% to 4.60. Abu Dhabi Securities Exchange Sorouh Real Estate (SOROUH) took top spot on the traded value list for a change, with just AED 35m worth of volume, rising 1.6%. Aldar Properties (ALDAR) was up 1.5% from just AED 17m worth. Union Cement (UCC) and National Corporation for Tourism & Hotels (NCTH) were the top gainers, closing 10% limit up but from just 1 trade for Union Cement. Ras Al Khaimah Ceramics (RAKCEC) was up 5.9%, National Marine Dredging (NMDC) 2.9%, Abu Dhabi Islamic Bank (ADIB) 2.5%, Aabar Energy (AABAR) and Qatar Telecom (QTEL) 2.2%, and the remaining gainers rose less than 2%. Oman and Emirates Investment Holding (OEIHC) was the worst loser with a 10% limit down close but from thin trading. Bank of Sharjah (BOS) was the only losing stock trading more than AED 1m worth, down 4.9% to 2.00, and also the second worst loser. Finance House (FH) fell 3.6%, Methaq Islamic Insurance (METHAQ) 2.5%, and the other 4 losers were down less than 2%.

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 November 2009 thajuddeen Wed 25 Nov 2009 14:48 EMAAR trend analysis thajuddeen Wed 25 Nov 2009 14:22 Al Madina Finance shares limit down OnlineTrader Wed 25 Nov 2009 13:14 Shuaa investor relations sharewadi Wed 25 Nov 2009 10:56 Middle East investor relations awards joeoma Wed 25 Nov 2009 10:38 Aabar, Daimler and F1... maq3012 Wed 25 Nov 2009 10:06 Eid Al Adha dates 2009 UAE markets sharewadi Wed 25 Nov 2009 09:04 Gulf Finance House rights issue sam111sam Wed 25 Nov 2009 08:25 Taj Should Set-Up Trading Academy frogleg Tue 24 Nov 2009 20:21 Who is dumping RAKCC ? thajuddeen Tue 24 Nov 2009 16:41 GGICO 2009Q3 results sam111sam Mon 23 Nov 2009 19:02 Gold Trading hakeemcfb Mon 23 Nov 2009 12:43 Dubai economic recovery sammy Mon 23 Nov 2009 12:01 Dubai replaces head of DIFC sammy Mon 23 Nov 2009 11:41 Internaxx or etrade? Internaxx user Sun 22 Nov 2009 20:44 Emaar Dubai Holding merger Prop Sun 22 Nov 2009 09:29 Emaar India IPO soon thajuddeen Sat 21 Nov 2009 11:47

best stock rises symbol price change GLOBAL 1.46 +0.19 +15% UCC 1.73 +0.15 +9.5% ALMADINA 1.01 +0.07 +7.4% NCTH 8.89 +0.59 +7.1% EKTTITAB 0.76 +0.05 +7%

worst stock falls symbol price change OEIHC 1.39 -0.11 -7.3% BOS 1.95 -0.10 -4.9% FH 5.30 -0.20 -3.6% METHAQ 4.27 -0.11 -2.5% ADNH 3.91 -0.07 -1.8%

top volume symbol value (AED) price EMAAR 93,010,095 4.16 DFM 48,835,846 2.17 SOROUH 34,697,916 3.11 EKTTITAB 24,428,566 0.76 ARTC 19,091,919 3.07

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UAE markets 24 Nov 2009

UAE market news & discussions for 24 November 2009 The Abu Dhabi stock market fell 0.47% to 2894 points from low turnover of AED 151m. The DFM fell 1.9% to 2071 points on moderate turnover of AED 344m. On the Nasdaq Dubai at 1500 UAE time, DP World is up 1.1%, Depa is down 1.4%, and there has been a trade (first one in a while) in Nasdaq shares, down 1.3%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Emaar Properties (EMAAR) was the most active stock and the only one trading more than AED 100m worth, as it fell 2.8% to 4.13 from AED 182m of traded value. Shuaa Capital (SHUAA) was the the worst loser with a fall of 5.6%, but from low volumes. Dubai Financial Market (DFM) was the worst of the more actively traded stocks, down 3.6% to 2.13. National General Cooling (TABREED) fell 3.45%, Emirates Integrated Telecommunications (DU) 3.4%, Dubai Investment Company (DIC) 3.3%, and most other losers fell between 1% and 3%. Al Madina Finance (ALMADINA) was the best gainer on trading of more than AED 1m, rising 2.2% to 0.94. Ektitab Holding (EKTTITAB) rose 1.4%, Air Arabia (AIRARABIA) 1.0%, Arab International Logistics (ARMX) 0.58%, and the other 3 gainers were up on low volumes. Abu Dhabi Securities Exchange Aldar Properties (ALDAR) was the most active stock in Abu Dhabi but still only managed AED 43m worth of deals as if fell 0.55% to 5.46. Aabar Energy (AABAR) was the worst loser on trading of more than AED 1m, falling 4.6% to 2.25. Ras Al Khaimah Cement (RAKCC) fell 4.3%, Arkan Building Materials (ARKAN) 2.5%, and the remaining losers were down less than 2% or on low volumes. Abu Dhabi Commercial Bank (ADCB) was the best of the more actively traded gainers, rising 1.8% to 2.20. The other seven gainers were up less than 1% or on volumes of less than AED 1m worth. Emirates Telecom (ETISALAT) fell 0.88%, and National Bank of Abu Dhabi (NBAD) rose 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
Marketwatch DFM ADX November 2009 thajuddeen Tue 24 Nov 2009 11:36 EMAAR trend analysis thajuddeen Tue 24 Nov 2009 11:30 Gulf Finance House rights issue thajuddeen Tue 24 Nov 2009 00:01 GGICO 2009Q3 results sam111sam Mon 23 Nov 2009 19:02 Gold Trading hakeemcfb Mon 23 Nov 2009 12:43 Dubai economic recovery sammy Mon 23 Nov 2009 12:01 Al Madina Finance shares limit down OnlineTrader Mon 23 Nov 2009 11:52 Dubai replaces head of DIFC sammy Mon 23 Nov 2009 11:41 Internaxx or etrade? Internaxx user Sun 22 Nov 2009 20:44 Emaar Dubai Holding merger Prop Sun 22 Nov 2009 09:29 Emaar India IPO soon thajuddeen Sat 21 Nov 2009 11:47 Must we invest or trade? thajuddeen Fri 20 Nov 2009 17:02 DFM investor returns since 2005 sam111sam Fri 20 Nov 2009 14:26 Arkan research Novice_investor Fri 20 Nov 2009 01:02 Aabar, Daimler and F1... ixtira Thu 19 Nov 2009 23:09 Eid Al Adha dates 2009 UAE markets GPIC Thu 19 Nov 2009 18:53 AABAR buys New York building ixtira Thu 19 Nov 2009 18:50

best stock rises symbol price change NMDC 8.65 +0.62 +7.7% ALSALAMSUDAN 2.49 +0.08 +3.3% GCEM 1.80 +0.05 +2.9% BOS 2.05 +0.05 +2.5% ALMADINA 0.94 +0.02 +2.2%

worst stock falls symbol price change RAKCEC 1.52 -0.09 -5.6% SHUAA 1.69 -0.10 -5.6% ADAVIATION 2.65 -0.15 -5.4% DARTAKAFUL 1.99 -0.10 -4.8% AABAR 2.26 -0.11 -4.6%

top volume symbol value (AED) price EMAAR 181,776,644 4.13 DFM 51,220,100 2.13 ALDAR 43,029,401 5.43 SOROUH 38,925,658 3.06 DANA 24,324,246 1.06

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