UAE markets 29 Mar 2010

UAE market news & discussions for 29 March 2010 Dubai stocks fell sharply but Abu Dhabi stocks were relatively flat today. On the Nasdaq Dubai at 1500 UAE time, DP World is down 2.9%, Depa is down 1.4%, and Damas is up 9.3%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks fell 2.5% to 1833 points from trading worth AED 1.0 billion with Arabtec (ARTC) the most active stock for a change, down 1.5% to 2.55 with turnover at AED 412m. Emaar Properties (EMAAR) saw AED 336m worth of deals, and fell 3.9% to 3.96. Dubai Financial Market (DFM) was the worst of the more active losers, down 4.6% to 1.88, Deyaar Development (DEYAAR) fell 3.9%, Emirates NBD (ENBD) and Union Properties (UPP) 3.8%, Islamic Arab Insurance (IAIC) and Gulf Navigation (GULFNAV) 3.3%, Arab International Logistics (ARMX) 3.1%, and the other losers were down less than 3% or on low volumes. There were only 5 gainers with Gulf Finance House (GFH) the best of the more actively traded shares, up 4.3% to 0.97, Ektitab Holding (EKTTITAB) rose 3.3%, Shuaa Capital (SHUAA) 0.75%, and the other two were up on less than AED 1m worth of trading each. Abu Dhabi Securities Exchange Abu Dhabi stocks were almost unchanged, the index up by 0.08% to 2932 points from turnover of AED 283m worth. Aldar Properties (ALDAR) was the most actively traded stock, up 0.21% to 4.62 from AED 97m worth of trading. Methaq Islamic Insurance (METHAQ) was the best of the more active gainers, up 3.3% to 2.79. First Gulf Bank (FGB) rose 1.7%, Abu Dhabi Commercial Bank (ADCB) 1.4%, National Bank of Abu Dhabi (NBAD) 1.3%, Waha Capital (OILC) 1.1%, and the other gainers were up less than 1% or on low volumes. Agthia Group (AGTHIA) was the worst of the more active losers, down 3.85% to 1.95, Dana Gas (DANA) fell 1.8%, and the other losers were down less than 2% or on low volumes. Emirates Telecom (ETISALAT) was down 0.4% to 12.65.

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
Marketwatch March 2010 DFM ADX precious Mon 29 Mar 2010 13:39 Which Shares will Peak Faster Now ? Ali Al-Darbi Mon 29 Mar 2010 11:58 Dividend date Air Arabia DSI Gulfnav? GPIC Mon 29 Mar 2010 10:23 What do you think of RAK PROPERTIES? yasman Sun 28 Mar 2010 23:40 DP World profit 2009FY US$370m or $333m? fadi Sun 28 Mar 2010 09:46 Dubai Financial Market investor literacy index sharewadi Sat 27 Mar 2010 18:33 Arabtec Aabar deal result? Cash King Sat 27 Mar 2010 08:25 Dana Gas shares? old timer Sat 27 Mar 2010 05:33 Dubai World government bailout Novice_investor Thu 25 Mar 2010 19:02 DFM website problem fadi Thu 25 Mar 2010 14:00 Best investments in UAE 2010? sam111sam Thu 25 Mar 2010 11:27 Dubai Govt Funding bsense Thu 25 Mar 2010 10:38 DAMAS share trading resume? ixtira Thu 25 Mar 2010 09:38 ADX ETFs moor Wed 24 Mar 2010 17:17 Drake Scull 2009 profit Ali Al-Darbi Wed 24 Mar 2010 16:06 Emaar & chances of a dividend? sam111sam Wed 24 Mar 2010 10:19 Dividends of Air Arabia, DFM & DIB sharewadi Wed 24 Mar 2010 08:01

best stock rises symbol price change GLOBAL 1.32 +0.13 +10.9% JULPHAR 2.07 +0.10 +5.1% GCEM 2.09 +0.09 +4.5% GFH 0.97 +0.04 +4.3% RAKWCT 1.03 +0.04 +4%

worst stock falls symbol price change ASMAK 17.10 -1.90 -10% DRIVE 3.55 -0.25 -6.6% ALSALAMSUDAN 2.42 -0.12 -4.7% DFM 1.88 -0.09 -4.6% DARTAKAFUL 1.28 -0.06 -4.5%

top volume symbol value (AED) price ARTC 411,829,778 2.55 EMAAR 336,285,029 3.96 ALDAR 97,121,474 4.62 DFM 93,193,053 1.88 SOROUH 69,256,951 2.49

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