UAE markets 31 Jan 2010

UAE market news & discussions for 31 January 2010 The DFM fell and the ADX rose, with both markets trading low volumes. Gulf Navigation stood out with a good gain, and Aramex was up only 1.2%, their good Q4 results offset by a poor rating from Goldman Sachs. On the Nasdaq Dubai at 1445 UAE time, DP World is down 1.8%, and Depa is unchanged. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market The Dubai index fell 0.59% to 1590 points from turnover of AED 209m with Emaar Properties (EMAAR) the most actively traded stock, down 0.65% to 3.07 from AED 85m worth of shares. Dar Takaful Insurance (DARTAKAFUL) was the worst loser, 10% limit down to 1.39 but from thin trading. Emirates NBD (ENBD) was the worst of the more active losers, down 4.1% to 2.35, and most other stocks fell less than 3%. Gulf Navigation (GULFNAV) was the top gainer, up 7.1% to 0.60, Gulf General Investment (GGICO) was 5% limit up but from low volumes, Drake & Scull (DSI) was up 2.35%, and the other gainers were up less than 2% or on low volumes. Abu Dhabi Securities Exchange The ADX rose slightly by 0.20% to 2633 points from limited trading of AED 87m worth of shares with Aldar Properties (ALDAR) the most active stock but still only trading AED 17m worth as it fell 2% to 3.94. Ras Al Khaimah White Cement (RAKWCT) was the best of the more active gainers, 10% limit up to 1.04, Gulf Medical Projects (GMPC) and Umm Al Quwain Cement (QCEM) also closed 10% limit up but on low volumes. Abu Dhabi Commercial Bank (ADCB) and Methaq Islamic Insurance (METHAQ) were up more than 4%, Ras Al Khaimah Properties (RAKPROP) rose 3.9%, and the other gainers were up less than 3% or on low volumes. Apart from Aldar, Sorouh Real Estate (SOROUH), down 1.3%, was the only other loser trading more than AED 1m worth. Emirates Telecom (ETISALAT) and National Bank of Abu Dhabi (NBAD) were unchanged.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Technical Analysis for beginners tyro Sun 31 Jan 2010 14:37 Arabtec new contract ITSME Sun 31 Jan 2010 13:19 Aramex 2009Q4 profit AED50m +28% dabbler1 Sun 31 Jan 2010 11:24 Gulf Navigation 2010 fleet expansion sharewadi Sun 31 Jan 2010 10:16 Marketwatch January 2010 DFM ADX ixtira Sat 30 Jan 2010 23:30 Bottom Picking DFM - Is it really worth it? dabbler1 Sat 30 Jan 2010 18:31 Credit Suisse UAE bank ratings ixtira Fri 29 Jan 2010 11:20 Moody's ADCB downgrade Suhail Fri 29 Jan 2010 07:59 UPP Credit Suisse valuation AED0.03 Suhail Thu 28 Jan 2010 19:44 ADCB 2009Q4 loss AED1.2bn Suhail Thu 28 Jan 2010 19:25 Posts removed from UPP Credit Suisse discussion sharewadi Thu 28 Jan 2010 18:09 Union Properties 2009-2010 sharewadi Thu 28 Jan 2010 16:04 Emaar Credit Suisse report sharewadi Thu 28 Jan 2010 15:58 Emaar Indonesia Lombok meeting yusufbg52 Thu 28 Jan 2010 15:10 Air Arabia 2009Q3 profit AED144m -33% bandakok Thu 28 Jan 2010 10:06 Emirates NBD S&P ratings cancelled sharewadi Wed 27 Jan 2010 18:49 FGB 2009Q4 AED855m +27% sharewadi Wed 27 Jan 2010 18:34

best stock rises symbol price change GMPC 2.31 +0.21 +10% QCEM 0.71 +0.06 +9.2% FH 6.45 +0.45 +7.5% RAKWCT 1.04 +0.07 +7.2% GULFNAV 0.60 +0.04 +7.1%

worst stock falls symbol price change DARTAKAFUL 1.39 -0.15 -9.7% NMDC 9.00 -0.65 -6.7% HITSTELEC 2.01 -0.13 -6.1% DIN 19.35 -1.00 -4.9% EMIRATESNBD 2.35 -0.10 -4.1%

top volume symbol value (AED) price EMAAR 84,540,895 3.07 ARTC 27,949,941 2.25 DFM 19,684,697 1.55 ALDAR 17,391,861 3.94 GULFNAV 17,337,295 0.60

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