UAE markets 07 Jan 2010

UAE market news & discussions for 07 January 2010 Both markets rose less than 1% with Aabar and Arabtec showing strong gains on heavy trading. Rumours of an Aabar purchase of a stake in Arabtec in recent weeks were denied by both companies. On the Nasdaq Dubai at 1445 UAE time, DP World is up 2.2%, Depa is down 2.9%, and Damas is up 5.3%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market The ADX rose 0.32% to 2776 points from turnover of AED 204m with Aabar Energy (AABAR) standing out as top traded stock, rising a solid 5.2% to 2.47 from AED 82m worth of trading. Top gainer was Union Cement (UCC) closing 10% limit up but from thin trading. Abu Dhabi National Hotels (ADNH) was the best of the more active gainers, up 6.9% to 4.19. Finance House (FH) rose 6.7%, and the remaining gainers rose less than 2% or on low volumes. Several stocks closed unchanged, including Emirates Telecom (ETISALAT), National Bank of Abu Dhabi (NBAD), Sorouh Real Estate (SOROUH), and Union National Bank (UNB). Abu Dhabi Securities Exchange The Dubai Financial Market (DFM) rose 0.95% to 1837 points from turnover of AED 720m with Arabtec (ARTC) the standout gainer, up 6.25% to 2.89 from AED 289m worth of trading. Emaar Properties (EMAAR) was the only other stock trading more than AED 100m, slightly more than Arabtec with AED 301m worth and a 0.25% rise to 4.05. Union Properties (UPP) was up 4.2%, Gulf Finance House (GFH) rose 2.9%, Islamic Arab Insurance (IAIC) 2.3%, Dubai Islamic Bank (DIB) and Ajman Islamic Bank (AJMANBANK) 2.2%, and the remaining gainers up less than 2% or on low volumes. There were 6 losers including Dubai Insurance (DIN) and National Cement Company (NCC) 5% limit down, and Global Investment House (GLOBAL) the worst with an 8.3% fall but none traded 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
Aabar Arabtec takeover maq3012 Thu 07 Jan 2010 14:01 Marketwatch January 2010 DFM ADX precious Thu 07 Jan 2010 13:48 The final post Krazy Guy Thu 07 Jan 2010 12:07 Metito IPO sharewadi Wed 06 Jan 2010 17:27 DP World London listing sharewadi Wed 06 Jan 2010 17:13 EMAAR trend analysis aerojack Wed 06 Jan 2010 15:40 What's coming 2010 onwards Rashid Wed 06 Jan 2010 14:17 Investment Research Challenge UAE Rashid Wed 06 Jan 2010 13:56 Emirates NBD limit down fayesloan Wed 06 Jan 2010 13:12 The block theory Suhail Wed 06 Jan 2010 09:09 Local Stock market Performace in 2009 sharewadi Wed 06 Jan 2010 08:22 Which Shares will Peak Faster Now ? sam111sam Tue 05 Jan 2010 13:50 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 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

best stock rises symbol price change UCC 1.70 +0.14 +9% ADNH 4.20 +0.27 +6.9% FH 5.87 +0.37 +6.7% ARTC 2.89 +0.17 +6.3% BILDCO 2.11 +0.11 +5.5%

worst stock falls symbol price change GLOBAL 1.11 -0.10 -8.3% GCEM 1.62 -0.10 -5.8% DIN 26.15 -1.35 -4.9% NCC 3.12 -0.16 -4.9% AKIC 1.00 -0.05 -4.8%

top volume symbol value (AED) price EMAAR 300,612,449 4.05 ARTC 288,666,737 2.89 AABAR 82,095,283 2.41 DFM 43,568,895 1.89 ALDAR 36,418,004 5.20

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