UAE markets 05 Jan 2010

UAE market news & discussions for 05 January 2010 Both markets rose although marginally in Dubai, and volumes were up somewhat in Abu Dhabi with heavier trading in Aldar. On the Nasdaq Dubai at 1545 UAE time, DP World is up 0.71%, Damas is down 11.9%, and DGS is up 1.3%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market The Dubai Financial Market (DFM) index move ahead marginally, up 0.09% to 1819 points from turnover of AED 540m. Emaar Properties (EMAAR) was the only stock trading more than AED 100m worth in Dubai, closing unchanged at 4.02 from AED 324m. Gulf Finance House (GFH) was the top gainer, up 7.9% to 1.09, Dubai Investment Company (DIC) rose 3.0%, Union Properties (UPP) 2.9%, Ajman Islamic Bank (AJMANBANK) 2.2%, and the remaining gainers were up less than 2% or on low volumes. National Cement Company (NCC) and Dubai Insurance (DIN) were the worst losers, 5% limit down but from low volumes. Deyaar Development (DEYAAR) was the worst of the more active stocks, falling 1.7%, Islamic Arab Insurance (IAIC) fell 1.1%, Drake & Scull (DSI) 1.1%, and the other losers were down less than 1% or on low volumes. Several stocks were unchanged including Arabtec (ARTC), National General Cooling (TABREED), and Dubai Islamic Bank (DIB). Abu Dhabi Securities Exchange The ADX rose 0.60% to 2775 points from turnover of AED 324m. Aldar Properties (ALDAR) was the only stock trading more than AED 100m, rising 3.4% to 5.24 from AED 151m worth. Al Khazna Insurance (AKIC) was the top gainer, 10% limit up but from just two small trades, Dana Gas (DANA) was the best of the more actively traded stocks, up 5.3% to 0.99, Methaq Islamic Insurance (METHAQ) and Sorouh Real Estate (SOROUH) rose 3.7%, First Gulf Bank (FGB) was up 3.0%, and the remaining gainers were up less than 2% or on low trading. Invest Bank (INVESTB) and National Bank of Umm Al Quwain (NBQ) were the worst losers, 10% limit down, with significantly higher turnover of AED 12.7m worth for Invest Bank albeit from just one trade. No other losers traded more than AED 1m worth. Emirates Telecom (ETISALAT) rose 0.45%, and National Bank of Abu Dhabi (NBAD) was up 1.2%.

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
Which Shares will Peak Faster Now ? sam111sam Tue 05 Jan 2010 13:50 EMAAR trend analysis sam111sam Tue 05 Jan 2010 13:46 Emirates NBD limit down bandakok Tue 05 Jan 2010 12:54 Dubai/UAE Bankruptcy Law small fry Tue 05 Jan 2010 11:28 Tabreed in 2010 dxb Tue 05 Jan 2010 11:24 Burj Dubai opening delay? bandakok Tue 05 Jan 2010 10:12 Arabtec Aabar takeover bandakok Tue 05 Jan 2010 10:08 Success Rates of Traders sharewadi Tue 05 Jan 2010 06:49 History of DFM (From 2006 to 2009) fayesloan Tue 05 Jan 2010 01:21 The block theory thajuddeen Mon 04 Jan 2010 21:16 Burj Dubai opening date Cash King Mon 04 Jan 2010 11:35 FGB share buyback sharewadi Sun 03 Jan 2010 15:39 Marketwatch January 2010 DFM ADX fadi Sun 03 Jan 2010 14:14 Arabtec dividend 2009 Rick Sun 03 Jan 2010 10:24 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

best stock rises symbol price change AKIC 1.05 +0.09 +9.4% GFH 1.09 +0.08 +7.9% DANA 1.00 +0.05 +5.3% DARTAKAFUL 1.68 +0.07 +4.3% AMAN 1.00 +0.04 +4.2%

worst stock falls symbol price change NBQ 3.49 -0.38 -9.8% INVESTB 1.80 -0.19 -9.5% ASMAK 16.45 -1.65 -9.1% NMDC 7.84 -0.66 -7.8% GMPC 2.38 -0.13 -5.2%

top volume symbol value (AED) price EMAAR 324,384,008 4.02 ALDAR 151,390,563 5.20 SOROUH 76,710,080 2.83 ARTC 72,082,644 2.73 DFM 41,641,512 1.88

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