UAE markets 24 Feb 2010

UAE market news & discussions for 24 February 2010 Most UAE stocks continued to grind on down on modest volumes today. On the Nasdaq Dubai at 1400 UAE time, DP World is the only stock traded, down 2.5% to $0.39. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks were down by 1.0% to 1570 points from turnover of AED 206m with Emaar Properties (EMAAR) the most actively traded stock, down 1.7% to 2.85 from AED 77m worth of deals. Shuaa Capital (SHUAA) was the worst loser, down 5.1% to 1.12, Ajman Islamic Bank (AJMANBANK) fell 4.9%, Islamic Arab Insurance (IAIC) dropped by 3.75%, Gulf Finance House (GFH) by 3.2%, and the remaining losers were down less than 3% or on low volumes. There were only five gainers, including Gulf Navigation (GULFNAV) up 3.4%, and Union Properties (UPP) up 2.2%. Abu Dhabi Securities Exchange Abu Dhabi stocks fell 1.1% to 2719 points from turnover of AED 114m with Aldar Properties (ALDAR) the most active stock, down 3.7% to 3.66 from AED 32m worth of trading. Methaq Islamic Insurance (METHAQ) was the worst loser of the more active stocks, down 7.7% to 2.67, although there was a single 10% limit down trade for Abu Dhabi Aviation (ADAVIATION). Abu Dhabi Commercial Bank (ADCB) fell 5.6%, Dana Gas (DANA) decreased by 3.45%, Waha Capital (OILC) by 3.3%, and most other stocks were down by less than 3%. Emirates Telecom (ETISALAT) fell 0.84%, and National Bank of Abu Dhabi (NBAD) by 2.2%. There were only four gainers, none trading 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
Drake Scull 2009 profit Ali Al-Darbi Wed 24 Feb 2010 13:25 Marketwatch February 2010 DFM ADX Trader2009 Wed 24 Feb 2010 12:42 Waha bond Sukuk dividend sharewadi Tue 23 Feb 2010 22:28 Arabtec new contract dabbler1 Tue 23 Feb 2010 17:47 Gulf Navigation 2009Q4 profit AED27m dabbler1 Tue 23 Feb 2010 17:16 DIB vs DSI,WAHA and GULFNAV dabbler1 Tue 23 Feb 2010 11:48 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

best stock rises symbol price change QTEL 175.90 +15.90 +9.9% RAKBANK 4.40 +0.35 +8.6% ALSALAMSUDAN 2.77 +0.16 +6.1% SCIDC 1.50 +0.06 +4.2% GULFNAV 0.61 +0.02 +3.4%

worst stock falls symbol price change ADAVIATION 2.43 -0.27 -10% METHAQ 2.67 -0.22 -7.6% ADCB 1.70 -0.10 -5.6% FH 6.50 -0.38 -5.5% SHUAA 1.12 -0.06 -5.1%

top volume symbol value (AED) price EMAAR 77,261,714 2.85 ARTC 38,554,803 2.08 ALDAR 32,337,013 3.66 DFM 23,858,352 1.41 FGB 18,719,041 17.00

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