UAE markets 21 Jan 2010

UAE market news & discussions for 21 January 2010 UAE stocks ended the week in the red, led down by Emaar, Arabtec, and Aldar, with most stocks falling about 0%-2% today. Trading volumes were relatively low although up a bit from yesterday. On the Nasdaq Dubai at 1530 UAE time, DP World is down 1.3%, Depa is up 1.6%, and Damas is unchanged. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market The Dubai Financial Market (DFM) index fell 1.5% to 1652 points from turnover of AED 211m with Arabtec (ARTC) the most actively traded stock, down 2.1% to 2.36 from AED 72m worth of trading. Emaar Properties (EMAAR) saw a similar level of volume, falling 2.7% to 3.29 from AED 68m worth of deals. National Cement Company (NCC) was the worst loser, 5% limit down from a handful of small trades, Gulf Finance House (GFH) was the worst of the more active stocks, down 4.7% to 1.21. Dubai Financial Market (DFM) fell 2.5%, Islamic Arab Insurance (IAIC) was down 2.4, and most other stocks fell less than 2%. There were four gainers with Ektitab Holding (EKTTITAB) and HITS Telecom the only ones trading more than AED 1m, both up about 1.5%. Abu Dhabi Securities Exchange The ADX fell 0.64% TO 2637 points from turnover of AED 144m, with about half of that from trading in Aldar Properties (ALDAR) shares as they fell 3.7% to 4.38, making it the worst of the more actively traded stocks. Abu Dhabi National Hotels (ADNH) was the worst loser, 10% limit down from a single small trade. Sorouh Real Estate (SOROUH) fell 3.6%, Dana Gas (DANA) dropped by 2.1%, and most other stocks fell by less than 2%. There were 7 gainers, but only First Gulf Bank (FGB), up 1.6% to 15.90, saw trading worth more than AED 1m.

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
Double money in one year UAE stocks Suhail Thu 21 Jan 2010 15:28 Marketwatch January 2010 DFM ADX thajuddeen Thu 21 Jan 2010 14:16 EMAAR trend analysis thajuddeen Thu 21 Jan 2010 11:54 Al Madina share buyback nothing Thu 21 Jan 2010 10:09 Dubai debt $170 billion thajuddeen Thu 21 Jan 2010 00:11 The block theory GPIC Thu 21 Jan 2010 00:06 How a Bubble is built? Suhail Wed 20 Jan 2010 23:38 Arabtec Palestine Nablus water project ITSME Wed 20 Jan 2010 20:41 Technical Analysis for beginners Suhail Wed 20 Jan 2010 20:26 Emirates NBD stock price khan007 Wed 20 Jan 2010 17:56 Abu Dhabi bailout Nakheel bond bandakok Wed 20 Jan 2010 01:04 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 DFM 2009 trading performance review sharewadi Mon 18 Jan 2010 23:10

best stock rises symbol price change GMPC 2.35 +0.12 +5.4% NMDC 8.10 +0.23 +2.9% RAKBANK 4.60 +0.10 +2.2% RAKWCT 0.94 +0.02 +2.2% FGB 15.90 +0.25 +1.6%

worst stock falls symbol price change ADNH 3.60 -0.39 -9.8% ADSB 3.55 -0.30 -7.8% FH 5.49 -0.29 -5% NCC 3.23 -0.17 -5% GFH 1.21 -0.06 -4.7%

top volume symbol value (AED) price ARTC 71,917,107 2.36 ALDAR 71,480,254 4.38 EMAAR 67,529,422 3.29 DFM 15,782,079 1.59 SOROUH 14,766,706 2.40

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