UAE markets 15 Mar 2010

UAE market news & discussions for 15 March 2010 UAE stocks fell back today after the sudden jump yesterday, with Abu Dhabi stocks marginally down, and Dubai stocks mostly in the red. On the Nasdaq Dubai at 1515 UAE time, DP World is down 2.7%, Damas is down 4.5%, and Depa is up 3.1%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks fell 1.4% to 1723 points with turnover also down from yesterday, at AED 698m. Emaar Properties (EMAAR) was the most active stock, falling 3.2% to 3.63 from AED 309m worth of deals. Dubai Financial Market (DFM) was the only other company trading more than AED 100m worth, down 1.1% to 1.80. Dar Takaful Insurance (DARTAKAFUL) was the worst loser, down 4.35% to 1.32 from thin trading, HITS Telecom fell 4.2%, National General Cooling (TABREED) 4.1%, and most other stocks fell between 1% and 4%. There were only two gainers, Emarat Takaful Insurance (TAKAFUL-EM) up 1.0%, and Arab Insurance Group (ARIG) up 4.1%, neither trading more than AED 1m worth. Abu Dhabi Securities Exchange The ADX fell 0.06% to 2866 points from AED 143m worth of trading, with Aldar Properties (ALDAR) the most active stock, down 1.0% to 3.98 from AED 36m worth of trades. Not far behind on turnover was the rarely traded National Bank of Umm Al Quwain (NBQ) with a single trade of 10m shares worth AED 31m, up 3.0% to 3.10. Top gainers were Abu Dhabi National Building Materials (BILDCO) (on low volumes), Methaq Islamic Insurance (METHAQ), and Arkan Building Materials (ARKAN), all with 10% limit up closing prices. The remaining gainers were up less than 1%, or on low volumes. Bank of Sharjah (BOS) was the worst loser, 10% limit down to 1.82 on low volumes, followed by Ras Al Khaimah Properties (RAKPROP) down 1.85%, and Abu Dhabi National Energy (TAQA) down 1.6%. The other losers were down less than 1.5%. National Bank of Abu Dhabi (NBAD) was up 0.40%, and Emirates Telecom (ETISALAT) fell 0.40%.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch March 2010 DFM ADX thajuddeen Mon 15 Mar 2010 14:17 Golden Gate Securities [banned] Ali Al-Darbi Mon 15 Mar 2010 13:19 Broker Jobs/ Trading mentor/ Courses brod1985 Mon 15 Mar 2010 12:00 Arabtec ratings from Deutsche Bank, Shuaa khan007 Mon 15 Mar 2010 00:51 Ajman Bank dividend 2009FY ixtira Sun 14 Mar 2010 18:54 Remember DFM higher than ADX? sam111sam Sun 14 Mar 2010 14:46 Qatar Telecom QTEL 2009 profit QR2.8bn ixtira Sun 14 Mar 2010 10:25 Air Arabia dividend and share price precious Fri 12 Mar 2010 18:54 Discussion about FXCM MENA aerojack Thu 11 Mar 2010 23:39 DFM allows trading on fraction of fils sharewadi Thu 11 Mar 2010 23:36 CBD Limit Down sam111sam Wed 10 Mar 2010 15:29 Dubai World repayment no haircut sam111sam Wed 10 Mar 2010 15:21 Emaar Indonesia project exit sharewadi Wed 10 Mar 2010 08:53 Which Shares will Peak Faster Now ? khan007 Tue 09 Mar 2010 17:55 GGICO Q4 results? samq Tue 09 Mar 2010 13:15 UPP buy or sell? ixtira Tue 09 Mar 2010 09:14 Abu Dhabi National Hotels dividends 2009 Krazy Guy Mon 08 Mar 2010 21:42

best stock rises symbol price change RAKBANK 4.60 +0.35 +8.2% INVESTB 2.00 +0.15 +8.1% METHAQ 2.86 +0.20 +7.5% BILDCO 2.32 +0.16 +7.4% ARKAN 2.25 +0.14 +6.6%

worst stock falls symbol price change BOS 1.82 -0.18 -9% DARTAKAFUL 1.32 -0.06 -4.3% HITSTELEC 1.38 -0.06 -4.2% TABREED 0.47 -0.02 -4.1% SHUAA 1.31 -0.05 -3.7%

top volume symbol value (AED) price EMAAR 308,945,545 3.63 DFM 195,003,792 1.80 ARTC 82,148,554 2.26 ALDAR 36,155,021 3.98 DSI 31,535,752 0.90

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