UAE markets 02 Feb 2010

UAE market news & discussions for 02 February 2010 UAE markets rose about 1%-1.5% today with ADCB standing out as it closed limit up. On the Nasdaq Dubai at 1445 UAE time, DP World is up 0.82%, and Depa is up 2.8%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market The Dubai General Index rose 1.5% to 1648 points from turnover of AED 310m with Emaar Properties (EMAAR) the only stock trading more than AED 100m worth, up 2.8% to 3.26 from AED 161m worth of trading. Emirates NBD (ENBD) was the top gainer, 5% limit up at 2.49. Dubai Financial Market (DFM) rose 3.1%, and the remaining gainers were up less than 3% or on low volumes. Gulf Navigation (GULFNAV) and Air Arabia (AIRARABIA) were unchanged. In the losers' list, HITS Telecom fell 5.5% on low volumes, Ajman Islamic Bank (AJMANBANK) was down 3.53%, and the other losers fell less than 2%. Abu Dhabi Securities Exchange The ADX was up 0.97% to 2691 points from AED 165m worth of trading. Aldar Properties (ALDAR), up 1.49% to 4.12, was the most active stock with AED 50m worth of shares traded. Abu Dhabi Commercial Bank (ADCB) was the best of the more active stocks, closing 10% limit up at 1.74. Sorouh Real Estate (SOROUH) rose 2.6%, and most other stocks were up less than 2% or unchanged. National Bank of Abu Dhabi (NBAD) rose 1.3%, and Emirates Telecom (ETISALAT) was up 0.45%. There were only six losers, and only Ras Al Khaimah White Cement (RAKWCT), down 0.94%, and Arkan Building Materials (ARKAN), down 0.47%, saw turnover of more than AED 1m (just).

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
Marketwatch February 2010 DFM ADX sam111sam Tue 02 Feb 2010 14:20 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

best stock rises symbol price change ADNH 4.14 +0.37 +9.8% ASMAK 17.00 +1.30 +8.3% ADCB 1.74 +0.12 +7.4% EMIRATESNBD 2.49 +0.11 +4.6% GGICO 1.03 +0.04 +4%

worst stock falls symbol price change QTEL 151.90 -9.90 -6.1% HITSTELEC 1.90 -0.11 -5.5% AJMANBANK 0.82 -0.03 -3.5% SUDATEL 2.83 -0.10 -3.4% ADSB 3.78 -0.09 -2.3%

top volume symbol value (AED) price EMAAR 161,190,153 3.26 ALDAR 49,807,901 4.12 DFM 37,503,119 1.64 ARTC 32,112,292 2.33 DANA 19,873,146 0.91

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