UAE markets 03 Jan 2010

UAE market news & discussions for 03 January 2010 Both UAE markets were in the green with solid gains on high volumes in Dubai, led by Emaar and Arabtec. On the Nasdaq Dubai at 1415 UAE time, DP World is down 4.2% and Depa is down 9.8%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market The Dubai Financial Market (DFM) rose 3.4% to 1866 points from turnover of AED 908m with over half of that from Emaar Properties (EMAAR), up 7.8% to 4.16 from AED 508m worth, and the best of the more active gainers. Arabtec (ARTC) was the only other stock trading more than AED 100m worth, up 6.3% to 2.85 from AED 184m. HITS Telecom was the top gainer, up 11.2% but from just two trades. Deyaar Development (DEYAAR) rose 6.9% to 0.62, Dubai Financial Market (DFM) was up 4.8%, Islamic Arab Insurance (IAIC) 4.6%, Dubai Islamic Insurance (AMAN) 4.1%, Al Madina Finance (ALMADINA) 4.0%, and most other stocks were up less than 4%. There were only three losers, Gulf General Investment (GGICO) the worst, closing 5% limit down at 1.05 from low volumes, and Gulf Finance House (GFH) the only loser trading more than AED 1m worth, down 0.93%. Abu Dhabi Securities Exchange The ADX rose 1.05% to 2772 points from turnover of AED 135m with Aldar Properties (ALDAR), up 1.2% to 5.06 from AED 45m of turnover, and Sorouh Real Estate (SOROUH), up 4.2% to 2.75 from AED 36m, the only two stocks trading more than AED 10m worth. Top gainer was National Corporation for Tourism & Hotels (NCTH) closing 10% limit up at 9.20 but from just two trade. Sorouh was the best of the more active gainers, Ras Al Khaimah Properties (RAKPROP) rose 3.45%, Arkan Building Materials (ARKAN) 3.4%, Abu Dhabi Commercial Bank (ADCB) 3.2%, and the remaining gainers were up less than 3% or on low volumes. Al Buhaira National Insurance (ABNIC) was the worst loser, 10% limit down at 9.27 from greater than usual volumes. Finance House (FH) fell 1.7%, Waha Capital (OILC) was down 1.1%, and the other losers fell on low turnover. Emirates Telecom (ETISALAT) rose 2.3% to 11.20, and National Bank of Abu Dhabi (NBAD) was unchanged at 12.40.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch January 2010 DFM ADX fadi Sun 03 Jan 2010 14:14 EMAAR trend analysis OnlineTrader Sun 03 Jan 2010 14:10 Arabtec Aabar takeover sharewadi Sun 03 Jan 2010 13:20 Arabtec dividend 2009 Rick Sun 03 Jan 2010 10:24 Emirates NBD limit down sam111sam Sun 03 Jan 2010 10:07 Dubai vs World Debt laser Sat 02 Jan 2010 17:15 New year, new opportunities UAE 2010 Rashid Thu 31 Dec 2009 21:01 Marketwatch DFM ADX December 2009 Parker Thu 31 Dec 2009 01:07 Dividends UAE stocks 2009 Parker Thu 31 Dec 2009 00:39 GFH Dubai real estate sam111sam Wed 30 Dec 2009 20:17 Investing in UAE stocks for 2010 maq3012 Wed 30 Dec 2009 09:54 ARKAN annual results 2009 ixtira Mon 28 Dec 2009 18:12 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 Burj Dubai opening delay? Parker Fri 25 Dec 2009 23:47 HITS Telecom Kuwait UAE listing sharewadi Fri 25 Dec 2009 23:13

best stock rises symbol price change NCTH 9.20 +0.83 +9.9% EMAAR 4.16 +0.30 +7.8% DEYAAR 0.62 +0.04 +6.9% ARTC 2.85 +0.17 +6.3% GLOBAL 1.32 +0.07 +5.6%

worst stock falls symbol price change ABNIC 9.27 -1.03 -10% BOS 2.04 -0.12 -5.6% GGICO 1.05 -0.05 -4.5% QCEM 0.66 -0.03 -4.3% UNB 3.09 -0.10 -3.1%

top volume symbol value (AED) price EMAAR 507,535,584 4.16 ARTC 183,580,831 2.85 DFM 72,125,366 1.97 ALDAR 45,202,396 5.04 DEYAAR 36,400,891 0.62

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