UAE markets 28 Apr 2010

UAE market news & discussions for 28 April 2010 Stocks continued to slide in the UAE with almost all actively traded stocks in the red today. On the Nasdaq Dubai at 1500 UAE time, DP World is down 0.94%, and Depa is down 1.1%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks fell 1.9% to 1714 points from turnover of AED 371m with Emaar Properties (EMAAR) the only stock trading more than AED 100m, down 2.3% to 3.79 from AED 190m worth of deals. HITS Telecom was the worst loser, falling 7.4% to 1.13, Union Properties (UPP) was down 5.7%, Deyaar Development (DEYAAR) 4.65%, and most other stocks fell between 1% and 4%. There were only three gainers - Gulf Navigation (GULFNAV) up 5.8%, Arab International Logistics (ARMX) up 2.45%, and Arab Insurance Group (ARIG) up 1.5% from just one small trade. Abu Dhabi Securities Exchange Abu Dhabi stocks fell 0.90% to 2778 points from trading worth AED 151m with Aldar Properties (ALDAR) the most active stock, down 5.3% to 3.92 from AED 39m. Abu Dhabi Commercial Bank (ADCB) was the worst loser, down 8.6% to 1.72, Sorouh Real Estate (SOROUH) fell 5.1%, Abu Dhabi National Energy (TAQA) 4.7%, and the other losers were down less than 3% or on low volumes. There were only three gainers trading more than AED 1m worth - Methaq Islamic Insurance (METHAQ) up 1.2%, and Abu Dhabi Islamic Bank (ADIB) and Union National Bank (UNB) both up about 0.3%. The two heavyweights, Emirates Telecom (ETISALAT) and National Bank of Abu Dhabi (NBAD), were unchanged at 10.65 and 12.00 respectively.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch April 2010 DFM ADX ixtira Wed 28 Apr 2010 14:52 Emaar 2010Q1 profit 12 fils share dxb Wed 28 Apr 2010 12:19 FXCM MENA forex trading NooraEid Wed 28 Apr 2010 10:55 Emirates NBD 2010Q1 profit sam111sam Tue 27 Apr 2010 09:31 Which Shares will Peak Faster Now ? bandakok Sun 25 Apr 2010 19:57 Nomura Price Targets for UAE Stocks Cash King Fri 23 Apr 2010 17:06 Meyrill Lynch UAE Bank ratings ixtira Thu 22 Apr 2010 17:30 Dividends for Air Arabia and ENBD sunray Thu 22 Apr 2010 12:03 DIC 2010Q1 profit estimate Dhs275m sam111sam Wed 21 Apr 2010 21:01 DU Results Dhs 264m for 2010 sam111sam Wed 21 Apr 2010 14:51 Technical analysis software bijoy Wed 21 Apr 2010 14:29 OILC Waha dividend 2009 girish Sun 18 Apr 2010 20:08 Dividend Cheque RAKCC moor Sun 18 Apr 2010 13:29 HITS Telecom financial result 2009 khan007 Sat 17 Apr 2010 10:16 UPP buy or sell? famj Fri 16 Apr 2010 18:34 Tabreed dividend 2009 dxb Thu 15 Apr 2010 14:53 Arabtec Aabar deal result? Cactus Thu 15 Apr 2010 13:30

best stock rises symbol price change RAPCO 2.14 +0.18 +9.2% GMPC 2.60 +0.21 +8.8% GULFNAV 0.55 +0.03 +5.8% INVESTB 1.94 +0.09 +4.9% BILDCO 1.97 +0.05 +2.6%

worst stock falls symbol price change ADCB 1.72 -0.16 -8.5% HITSTELEC 1.13 -0.09 -7.4% DARTAKAFUL 1.19 -0.09 -7% NMDC 7.50 -0.50 -6.3% UPP 0.43 -0.03 -6.5%

top volume symbol value (AED) price EMAAR 190,256,587 3.79 ARTC 60,475,832 2.33 DFM 46,900,606 1.69 ALDAR 39,131,008 3.92 ETISALAT 23,968,601 10.65

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