UAE markets 23 Feb 2010

UAE market news & discussions for 23 February 2010 Most stocks were in the red, led by Emaar and Emirates NBD in Dubai. The Abu Dhabi index was saved from a bigger drop by a slight gain in Etisalat shares, and there was heavy trading in First Gulf Bank. On the Nasdaq Dubai at 1430 UAE time, DP World is down 2.2%, Depa is unchanged, and Damas is up 2.9%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market The Dubai index fell 2.2% to 1586 points from AED 189m worth of trading, with Emaar Properties (EMAAR) the most active stock, down 3.65% to 2.90 from AED 64m worth of deals. Al Madina Finance (ALMADINA) was the worst loser, down 7.4% to 0.88, followed by Union Properties (UPP) down 6.1%, and Gulf Finance House (GFH) down 6.0%. Emirates NBD (ENBD) was 5% limit down to 2.47, Deyaar Development (DEYAAR) fell 4.1%, and the remaining losers dropped between 1% and 4% except for a couple of low volume stocks with bigger falls. Drake & Scull (DSI) was the only gainer of note, up 1.2% to 0.85, the other 3 gainers rose over 2% but on low volumes. Abu Dhabi Securities Exchange The ADX index fell just 0.11% to 2750 points with First Gulf Bank (FGB) beating Aldar into top spot by traded value, closing unchanged at 17.00 from AED 66m worth of trading. Emirates Telecom (ETISALAT) was the only gainer of note, up 0.84% to 11.80, the other 7 gainers rising on low volumes, including a single 10% limit up trade for Union Cement (UCC) making it the top gainer. Aabar Energy (AABAR) was the worst of the more active losers, down 3.5% to 2.17, Ras Al Khaimah Properties (RAKPROP) fell 1.9%, Ras Al Khaimah Cement (RAKCC) 1.8%, Aldar Properties (ALDAR) 1.55%, and the other losers were down less than 1% or on low volumes.

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
Drake Scull 2009 profit Metric Tue 23 Feb 2010 13:29 Gulf Navigation 2009Q4 profit AED27m dabbler1 Tue 23 Feb 2010 12:05 DIB vs DSI,WAHA and GULFNAV dabbler1 Tue 23 Feb 2010 11:48 Marketwatch February 2010 DFM ADX dabbler1 Tue 23 Feb 2010 11:39 Technical Analysis for beginners indigo Mon 22 Feb 2010 16:39 Discussion about FXCM MENA NooraEid Mon 22 Feb 2010 16:27 Post removed from Best UAE investments 2010 sharewadi Mon 22 Feb 2010 10:56 Mubasher offerings and stocks traded bitsiankaushik Mon 22 Feb 2010 10:12 UAE Macro & Cross Assets Outlook scarface Sun 21 Feb 2010 22:22 Foreigners and UAE stocks sharewadi Sun 21 Feb 2010 15:09 Best investments in UAE 2010? dabbler1 Sat 20 Feb 2010 21:50 China US Treasury purchases dabbler1 Sat 20 Feb 2010 21:38 Air Arabia dividend sam111sam Sat 20 Feb 2010 17:59 ALDAR 2009 year end results GPIC Thu 18 Feb 2010 14:10 UPP buy or sell? sam111sam Thu 18 Feb 2010 08:26 DFM in 5 Years sam111sam Wed 17 Feb 2010 17:15 HITS Telecom share price dabbler1 Wed 17 Feb 2010 00:02

best stock rises symbol price change UCC 1.78 +0.16 +9.9% ASMAK 15.20 +1.30 +9.4% QTEL 160.00 +13.00 +8.8% BILDCO 1.98 +0.08 +4.2% SUDATEL 2.90 +0.10 +3.6%

worst stock falls symbol price change ALMADINA 0.88 -0.07 -7.4% UPP 0.46 -0.03 -6.1% GFH 0.94 -0.06 -6% SCIDC 1.44 -0.09 -5.9% ALSALAMSUDAN 2.61 -0.16 -5.8%

top volume symbol value (AED) price FGB 65,936,577 17.00 EMAAR 64,147,843 2.90 ALDAR 26,196,129 3.76 ARTC 23,640,024 2.09 DFM 18,871,929 1.45

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