UAE markets 09 Mar 2010

UAE market news & discussions for 09 March 2010 UAE stocks saw yet more trading and some good gains for Aldar and Sorouh in Abu Dhabi, but in Dubai Tabreed closed limit down again. On the Nasdaq Dubai at 1430 UAE time, DP World is up 1.4%, Damas is unchanged, and Depa is down 2.5%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks rose 0.84% to 1663 points with trading volumes up at AED 795m worth. Emaar Properties (EMAAR) was the most active stock, up 1.8% to 3.40 from AED 320m. Arabtec (ARTC), up 0.45%, and Dubai Financial Market (DFM), up 3.3% (also the best of the more active gainers), also saw trading of more than AED 100m worth. Dubai Islamic Bank (DIB) was up 3.0%, Drake & Scull (DSI) rose 2.3%, Emirates NBD (ENBD) was up 2.05, and the remaining gainers were up less 2%, except for a few small trades in National Cement Company (NCC) which closed 5% limit up at 3.88. The worst loser was National General Cooling (TABREED), 10% limit down at 0.52, HITS Telecom fell 5.0%, Gulf General Investment (GGICO) and Commercial Bank of Dubai (CBD) were 5% limit down on low volumes, Union Properties (UPP) and Deyaar Development (DEYAAR) fell 2.1%, and the other losers were down less than 2% or on low volumes. Abu Dhabi Securities Exchange Abu Dhabi stocks rose 0.74% to 2795 points with turnover up again, to AED 354m worth of trading, with both Aldar Properties (ALDAR), 10% limit up to 3.90, and Sorouh Real Estate (SOROUH), 5.9% up to 2.36, trading more than AED 100m worth, and both at the top of the gainers list, except for one small 10% limit up trade for Commercial Bank International (CBI). Other gainers included Abu Dhabi Commercial Bank (ADCB) up 5.6%, Aabar Energy (AABAR) up 3.2%, and Gulf Pharmaceutical Industries (JULPHAR) up 2.1%. The remaining gainers wer up less than 2%. Emirates Telecom (ETISALAT) rose 0.41% to 12.15, and National Bank of Abu Dhabi (NBAD) was unchanged at 11.70. First Gulf Bank (FGB) was the worst of the more active losers, down 1.4% to 17.70, Waha Capital (OILC) fell 1.05%, and the other losers fell less than 1% or on low volumes, including one 10% limit down trade for Finance House (FH), and a 9.8% fall for Qatar Telecom (QTEL).

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
Discussion about FXCM MENA NooraEid Tue 09 Mar 2010 14:07 Which Shares will Peak Faster Now ? sam111sam Tue 09 Mar 2010 13:20 GGICO Q4 results? samq Tue 09 Mar 2010 13:15 Marketwatch March 2010 DFM ADX sunray Tue 09 Mar 2010 12:37 CBD Limit Down sam111sam Tue 09 Mar 2010 12:05 UPP buy or sell? ixtira Tue 09 Mar 2010 09:14 Emaar Indonesia project exit JDP Tue 09 Mar 2010 08:42 Abu Dhabi National Hotels dividends 2009 Krazy Guy Mon 08 Mar 2010 21:42 Tabreed 2009 loss AED1.12bn Krazy Guy Mon 08 Mar 2010 21:36 DFM allows trading on fraction of fils JDP Mon 08 Mar 2010 17:18 Gulfnav rated as "Sell" by EFG Hermes MNK Sun 07 Mar 2010 12:54 Dana Gas recent oil discovery default_monger Sun 07 Mar 2010 11:58 Limitless Minerva Northacre Gulfer Sat 06 Mar 2010 00:02 Princess Resort Ajman cancelled tlove1111 Fri 05 Mar 2010 00:15 Marketwatch February 2010 DFM ADX fadi Thu 04 Mar 2010 14:17 Sukuks traded online bitsiankaushik Wed 03 Mar 2010 13:24 No cash dividend for ARMX bandakok Wed 03 Mar 2010 11:13

best stock rises symbol price change CBI 1.54 +0.14 +10% ALDAR 3.90 +0.28 +7.7% SOROUH 2.36 +0.13 +5.8% ADCB 1.90 +0.10 +5.6% NCC 3.88 +0.18 +4.9%

worst stock falls symbol price change FH 5.30 -0.59 -10% QTEL 148.00 -16.10 -9.8% TABREED 0.52 -0.05 -8.8% HITSTELEC 1.70 -0.09 -5% CBD 3.12 -0.16 -4.9%

top volume symbol value (AED) price EMAAR 319,645,535 3.40 ARTC 169,840,580 2.23 SOROUH 139,087,779 2.36 ALDAR 123,138,771 3.90 DFM 114,624,000 1.55

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