UAE markets 11 Jan 2010

UAE market news & discussions for 11 January 2010 Both markets fell on low volumes with most of the more active stocks in the red. Arabtec topped the turnover and loser's list in Dubai for a second day running, after the DFM announced they would investigate possible abnormal price movements prior to the disclosure of the Aabar investment proposol. On the Nasdaq Dubai at 1430 UAE time, DP World is up 5.65% to $0.51, and Damas is up 10% to $0.22. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market The Dubai Financial Market (DFM)GI fell 0.64% to 1802 points from turnover of AED 384m. Arabtec (ARTC) was the most active stock in Dubai again, and also the worst loser, falling 3.35% to 2.60 from AED 168m worth of trading. Emaar Properties (EMAAR) was the only other stock trading more than AED 100m, down 1.0% to 3.91. Global Investment House (GLOBAL) was the top gainer, up 5.1% but from just one small trade. Of the other 4 gainers, only National General Cooling (TABREED) saw trading worth more than AED 1m, and rose just 1.2%. Gulf Finance House (GFH) fell 2.7%, Drake & Scull (DSI) fell 2.2%, and the other stocks were down less than 2%. Several stocks closed unchanged, including Union Properties (UPP), Dubai Investment Company (DIC), and Deyaar Development (DEYAAR). Abu Dhabi Securities Exchange The ADX fell 0.21% to 2775 points on relatively low turnover of AED 103m. Aldar Properties (ALDAR) was the most active stock but still only traded AED 25m as it fell 2.1% to 5.01. United Arab Bank (UAB) was the top gainer, closing 10% limit up at 7.04 from low volumes, Arkan Building Materials (ARKAN) was the best of the more active gainers, up 5.9% to 2.57, Green Crescent Insurance (GCIC) rose 4.4%, Methaq Islamic Insurance (METHAQ) 3.0%, and the remaining gainers were up less than 2% including Emirates Telecom (ETISALAT) up 0.45%. Umm Al Quwain Cement (QCEM) was the worst loser, down 7.25% to 0.64 but from low volumes. Waha Capital (OILC) was the worst loser on turnover of more than AED 1m, down 3.2% to 0.90, Sorouh Real Estate (SOROUH) fell 2.8%, and the remaining losers were down less than 2% or on thin trading. National Bank of Abu Dhabi (NBAD) fell 0.40% to 12.25.

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 spin Mon 11 Jan 2010 14:11 Gulf Navigation shipping volume 2009 sharewadi Mon 11 Jan 2010 11:55 Marketwatch January 2010 DFM ADX OnlineTrader Mon 11 Jan 2010 10:49 The block theory sharewadi Mon 11 Jan 2010 08:25 Emirates NBD limit down ixtira Sun 10 Jan 2010 15:25 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 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

best stock rises symbol price change UAB 6.82 +0.42 +6.6% ARKAN 2.53 +0.14 +5.9% GLOBAL 1.24 +0.06 +5.1% GCIC 0.94 +0.04 +4.4% SALAM_BAH 0.93 +0.03 +3.3%

worst stock falls symbol price change QCEM 0.64 -0.05 -7.2% ADAVIATION 2.33 -0.18 -7.2% NMDC 8.02 -0.44 -5.2% ADNH 4.00 -0.20 -4.8% ARTC 2.60 -0.09 -3.3%

top volume symbol value (AED) price ARTC 168,454,171 2.60 EMAAR 129,841,211 3.91 ALDAR 24,937,937 5.02 DFM 19,835,313 1.85 AABAR 18,333,701 2.48

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