UAE markets 10 Jan 2010

UAE market news & discussions for 10 January 2010 The ADX rose slightly while the DFM fell, with the announcement of the Aabar investment in Arabtec prompting a rise in Aabar shares but a fall in Arabtec on heavy trading, indicating that the market didn't think the deal was so positive for Arabtec shareholders. On the Nasdaq Dubai at 1500 UAE time, DP World is the only stock traded, up 4.35% to $0.48. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market The Dubai Financial Market (DFM) fell 1.2% to 1814 points from turnover of AED 673m. Arabtec (ARTC) was the worst loser and most actively traded stock, down 6.9% to 2.69 from AED 342m of trading. Emaar Properties (EMAAR) was the only other stock trading more than AED 100m, down 2.5% to 3.95. Union Properties (UPP) fell 2.7%, Ajman Islamic Bank (AJMANBANK) was down 2.1%, and the remaining losers were down less than 2% or on low volumes. Emirates Integrated Telecommunications (DU) was the best of the more active gainers, up 2.0% to 3.05, Gulf Finance House (GFH) rose 1.85%, Arab International Logistics (ARMX) increased by 1.2%, Drake & Scull (DSI) and Islamic Arab Insurance (IAIC) rose 1.1%, Dubai Islamic Bank (DIB) was up 0.43%, and the remaining losers were up on low volumes. Abu Dhabi Securities Exchange The ADX rose 0.2% to 2781 points from turnover of AED 174m with Aabar Energy (AABAR) the standout gainer and top traded stock, up 4.6% to 2.52 from AED 74m worth of trading. National Marine Dredging (NMDC) closed 10% limit up from just under AED 1m worth of deals, Dana Gas (DANA) was up 1.0%, and the other gainers were up less than 1% or on low volumes. Aldar Properties (ALDAR) was the worst of the more active losers, down just 1.35% to 5.09, Arkan Building Materials (ARKAN) fell 1.2%, Waha Capital (OILC) was down 1.1%, and the remaining losers fell less than 1% or on low volumes. Emirates Telecom (ETISALAT) was up 0.45% and National Bank of Abu Dhabi (NBAD) fell 0.40%.

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 OnlineTrader Sun 10 Jan 2010 11:18 Marketwatch January 2010 DFM ADX bandakok Sun 10 Jan 2010 10:48 The block theory sharewadi Sun 10 Jan 2010 03:11 Posts removed from Arabtec Aabar discussion sharewadi Sun 10 Jan 2010 01:34 View on Aabar after Artc takeover MNK Sat 09 Jan 2010 20:13 SCA ESCA summary 2009 Rashid Sat 09 Jan 2010 19:33 Emirates NBD limit down default_invetor Sat 09 Jan 2010 16:33 Dubai share portfolio sharewadi Sat 09 Jan 2010 08:48 What is gold saying Rashid Sat 09 Jan 2010 08:37 Investing in UAE stocks for 2010 Rashid Sat 09 Jan 2010 08:34 The final post zayda Fri 08 Jan 2010 23:51 Calculating dividends Parker Fri 08 Jan 2010 20:07 EMAAR trend analysis sharewadi Fri 08 Jan 2010 17:03 Banks have no money? fayesloan Fri 08 Jan 2010 01:12 Metito IPO sharewadi Wed 06 Jan 2010 17:27 DP World London listing sharewadi Wed 06 Jan 2010 17:13 What's coming 2010 onwards Rashid Wed 06 Jan 2010 14:17

best stock rises symbol price change NMDC 8.46 +0.62 +7.9% GLOBAL 1.18 +0.07 +6.3% QCEM 0.69 +0.04 +6.2% AABAR 2.52 +0.11 +4.6% SALAM_BAH 0.90 +0.02 +2.3%

worst stock falls symbol price change ARTC 2.69 -0.20 -6.9% UCC 1.59 -0.11 -6.5% FH 5.50 -0.37 -6.3% SUDATEL 3.11 -0.13 -4% JULPHAR 1.75 -0.06 -3.3%

top volume symbol value (AED) price ARTC 342,396,487 2.69 EMAAR 175,489,193 3.95 AABAR 73,864,811 2.52 DSI 34,432,093 0.91 ALDAR 28,578,033 5.13

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