UAE markets 07 Feb 2010

UAE market news & discussions for 07 February 2010 Dubai announced the discovery of oil on Thursday after the stock markets closed but if the markets thought it was good news, they had a funny way of showing it today with both Abu Dhabi and Dubai mostly in the red, albeit on relatively low volumes. On the Nasdaq Dubai at 1500 UAE time, DP World is the only stock traded so far, down 3.3% to $0.465. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Stocks in Dubai fell 1.95% to 1631 points from turnover of AED 205m with Emaar Properties (EMAAR) the busiest, and also the worst of the more actively traded stocks, down 3.3% to 3.20 from turnover of AED 93m. Global Investment House (GLOBAL) was 10% limit down, and Shuaa Capital (SHUAA) fell 7.5%, both from low volumes. Of the more active stocks, National General Cooling (TABREED) fell 2.8%, Emirates NBD (ENBD) 2.75% on thin trading, Arabtec (ARTC) by 2.6%, and most others fell less than 2.5%. There were five gainers with only Gulf Finance House (GFH) and Islamic Arab Insurance (IAIC) trading more than AED 1m worth, both up by between 1% and 2%. Abu Dhabi Securities Exchange The ADX fell 0.88% to 2682 points on turnover of AED 82m with Aldar Properties (ALDAR) the most actively traded stock, down 3.9% to 3.96, and also the worst loser except for a single small 10% limit down trade in Al Khazna Insurance (AKIC). Ras Al Khaimah Properties (RAKPROP) fell 3.6%, Abu Dhabi Commercial Bank (ADCB) 3.4%, and most other stocks were down less than 3%. Emirates Telecom (ETISALAT) fell 0.45%, and National Bank of Abu Dhabi (NBAD) dropped by 1.7%. There were five gainers with Finance House (FH) the best of them, rising 7.4% but from just one trade. None of gainers saw trading of more than AED 1m worth.

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
DU Aggressive Pricing ...Impact of Profit sam111sam Sun 07 Feb 2010 09:21 DFM in 5 Years sam111sam Sun 07 Feb 2010 08:46 Marketwatch February 2010 DFM ADX Novice_investor Sun 07 Feb 2010 08:38 Mashreq 2009Q4 loss AED120m sharewadi Thu 04 Feb 2010 23:36 Dubai oil discovery dabbler1 Thu 04 Feb 2010 18:09 Arabtec Aabar meeting khan007 Thu 04 Feb 2010 17:40 Aman 2009FY profit AED21m sharewadi Thu 04 Feb 2010 10:11 No Seddiqi IPO sharewadi Thu 04 Feb 2010 09:33 UNB 2009Q4 profit AED222m sam111sam Thu 04 Feb 2010 09:09 Gulf Navigation 2009Q4 profit AED27m sharewadi Thu 04 Feb 2010 02:03 Missing TAJ JDP Wed 03 Feb 2010 14:56 Loading DFM stocks data into charting software FS123 Tue 02 Feb 2010 20:52 ADCB 2009Q4 loss AED1.2bn Suhail Tue 02 Feb 2010 20:44 Dubai FDI confidence index JDP Tue 02 Feb 2010 17:55 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

best stock rises symbol price change FH 6.96 +0.48 +7.4% SUDATEL 2.95 +0.15 +5.4% HITSTELEC 1.94 +0.08 +4.3% GFH 1.11 +0.02 +1.8% JULPHAR 1.81 +0.03 +1.7%

worst stock falls symbol price change AKIC 1.03 -0.11 -9.6% GLOBAL 1.16 -0.12 -9.4% SHUAA 1.24 -0.10 -7.5% ALDAR 3.96 -0.16 -3.9% TAKAFUL-EM 1.02 -0.04 -3.8%

top volume symbol value (AED) price EMAAR 92,872,034 3.20 DFM 33,758,910 1.60 ALDAR 30,265,219 3.96 ARTC 22,517,307 2.23 SOROUH 15,470,388 2.35

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