UAE markets 01 Feb 2010

UAE market news & discussions for 01 February 2010 Most stocks were in the green today by about 1% to 4%, although volumes were low in Abu Dhabi. Aabar stood out with a solid rise and was the busiest stock on the ADX. On the Nasdaq Dubai at 1415 UAE time, DP World is the only stock traded, down 1.4% to $0.49. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market The Dubai index rose 2.2% to 1625 points from turnover of AED 314m, with Emaar Properties (EMAAR) the most active stock, rising 3.3% to 3.17 from AED 136m worth of shares traded. Shuaa Capital (SHUAA) was the best of the more active stocks, up 7.6% to 1.28, Dubai Islamic Insurance (AMAN) rose 6.9%, Dubai Islamic Bank (DIB) was up 4.8%, and most other stocks rose between 1% and 4%. The worst loser was Dubai Insurance (DIN), 5% limit down to 18.40, and Gulf Navigation (GULFNAV) was the only loser trading more than AED 1m worth as it fell 3.3% to 0.58. Abu Dhabi Securities Exchange The ADX rose 1.2% to 2665 points from low turnover of AED 112m, with Aabar Energy (AABAR) the most actively traded stock but still only trading AED 23m worth as it rose 4.05% to 2.29, the best of the more active stocks. Al Khazna Insurance (AKIC), 10% limit up, was the top gainer but from few trades. Ras Al Khaimah White Cement (RAKWCT) was up 3.9%, Ras Al Khaimah Properties (RAKPROP) 3.8%, and the remaining gainers were up less than 3% or on low volumes. There were just five losers, with National Corporation for Tourism & Hotels (NCTH) the worst of them, down 4.0% to 8.00. Dana Gas (DANA) was the only other loser trading more than AED 1m, and fell 1.1%. National Bank of Abu Dhabi (NBAD) rose 1.8%, and Emirates Telecom (ETISALAT) was up 0.91%.

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
NBAD 2009Q4 profit AED429m -13% sharewadi Mon 01 Feb 2010 14:04 Dubai bond prices sharewadi Mon 01 Feb 2010 10:23 DP World Australia IPO sharewadi Mon 01 Feb 2010 10:00 ADCB 2009Q4 loss AED1.2bn dabbler1 Mon 01 Feb 2010 01:39 Gulf Navigation 2009Q4 profit AED27m nothing Mon 01 Feb 2010 00:00 Marketwatch January 2010 DFM ADX traderdon Sun 31 Jan 2010 23:39 Technical Analysis for beginners Suhail Sun 31 Jan 2010 20:53 Arabtec new contract moor Sun 31 Jan 2010 20:51 Colliers Dubai property report 2009Q4 sharewadi Sun 31 Jan 2010 16:47 Aramex 2009Q4 profit AED50m +28% dabbler1 Sun 31 Jan 2010 11:24 Gulf Navigation 2010 fleet expansion sharewadi Sun 31 Jan 2010 10:16 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 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

best stock rises symbol price change AKIC 1.05 +0.09 +9.4% DARTAKAFUL 1.52 +0.13 +9.4% SHUAA 1.28 +0.09 +7.6% AMAN 0.93 +0.06 +6.9% RAKCEC 1.65 +0.09 +5.8%

worst stock falls symbol price change DIN 18.40 -0.95 -4.9% ALSALAMSUDAN 2.72 -0.12 -4.2% NCTH 8.00 -0.35 -4.2% GULFNAV 0.58 -0.02 -3.3% BILDCO 1.92 -0.04 -2%

top volume symbol value (AED) price EMAAR 135,801,773 3.17 ARTC 46,202,393 2.31 DFM 27,676,729 1.59 AABAR 23,074,026 2.29 DIB 21,360,631 2.17

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