UAE markets 20 Jan 2010

UAE market news & discussions for 20 January 2010 The Dubai index rose, and the Abu Dhabi index was almost unchanged, with both markets seeing low trading volumes. On the Nasdaq Dubai at 1615 UAE time, DP World is down 4.1%, and Damas is unchanged. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market The Dubai Financial Market (DFM) rose 0.94% to 1677 points from turnover of AED 210m. Emaar Properties (EMAAR) was the most active stock, up 1.8% to 3.38 from AED 53m worth of deals. HITS Telecom was the top gainer, up 5.3% to 1.40, Arab International Logistics (ARMX) rose 4.4%, Al Madina Finance (ALMADINA) 3.1%, Arabtec (ARTC) 2.55%, and most other stocks were up less than 2.5% or unchanged. There were only 4 losers with Dar Takaful Insurance (DARTAKAFUL) the worst of them, down 7.6% to 1.46 on low volumes, and National General Cooling (TABREED), down 1.35%, the only loser trading more than AED 1m. Abu Dhabi Securities Exchange The ADX moved down slightly by 0.07% to 2654 points from turnover of AED 105m. Aldar Properties (ALDAR) was the most active stock, down 0.22% to 4.56 from just AED 22m. Abu Dhabi Aviation (ADAVIATION) was the worst loser, 10% limit down from a single large trade. Gulf Medical Projects (GMPC) fell 3.2%, Ras Al Khaimah Cement (RAKCC) and Abu Dhabi Islamic Bank (ADIB) fell 1.8%, and the remaining losers were down less than 1.5%. Several stocks were unchanged, including Emirates Telecom (ETISALAT), Ras Al Khaimah Properties (RAKPROP), and Dana Gas (DANA). GLS (Gulf Livestock) was the top gainer with its first trade for 2010, somehow beating the 10% limit on the ADX with a 24% increase to 4.80 from just one trade. First Gulf Bank (FGB) was up 2.3%, Sharjah Islamic Bank (NBS) rose 1.0%, and the other gainers were up less than 1% or on low volumes.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Emirates NBD stock price khan007 Wed 20 Jan 2010 12:45 Abu Dhabi bailout Nakheel bond bandakok Wed 20 Jan 2010 01:04 Marketwatch January 2010 DFM ADX joypsam1 Wed 20 Jan 2010 01:00 EMAAR trend analysis Suhail Tue 19 Jan 2010 23:58 Dubai debt $170 billion yusufbg52 Tue 19 Jan 2010 21:48 Technical Analysis for beginners Suhail Tue 19 Jan 2010 18:10 Arabtec dividend 2009 Rick Tue 19 Jan 2010 13:00 Aabar Arabtec takeover Rick Tue 19 Jan 2010 12:14 Belhasa IPO sharewadi Tue 19 Jan 2010 10:27 Moopen IPO sharewadi Tue 19 Jan 2010 10:04 Newbie Dubai stock market questions sharewadi Tue 19 Jan 2010 08:23 Double money in one year UAE stocks famj Tue 19 Jan 2010 00:11 DFM 2009 trading performance review sharewadi Mon 18 Jan 2010 23:10 Stock prices predictable or random? dov222 Mon 18 Jan 2010 22:34 Dubai Abu Dhabi bailout correction sharewadi Mon 18 Jan 2010 22:01 GGICO 2009Q3 results thajuddeen Mon 18 Jan 2010 21:39 SHUAA Price thajuddeen Mon 18 Jan 2010 21:08

best stock rises symbol price change ARMX 1.66 +0.07 +4.4% JULPHAR 1.70 +0.07 +4.3% QTEL 151.00 +5.90 +4.1% ALMADINA 1.01 +0.03 +3.1% ARTC 2.41 +0.06 +2.6%

worst stock falls symbol price change ADAVIATION 2.10 -0.23 -9.9% DARTAKAFUL 1.46 -0.12 -7.6% GMPC 2.08 -0.07 -3.3% RAKCC 1.09 -0.02 -1.8% ADIB 2.69 -0.05 -1.8%

top volume symbol value (AED) price EMAAR 53,256,822 3.38 ARTC 49,260,942 2.41 ALDAR 21,654,172 4.56 DFM 19,543,032 1.63 GFH 16,371,852 1.27

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