UAE markets 29 Apr 2010

UAE market news & discussions for 29 April 2010 Dubai stocks rose, led by Arabtec, while Abu Dhabi stocks saw little movement. On the Nasdaq Dubai at 1430 UAE time, DP World is unchanged, and Depa is down 1.3%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks rose 1.5% to 1740 points from turnover worth AED 308m with Emaar Properties (EMAAR) the only stock trading more than AED 100m, up 3.2% to 3.91 from AED 140m. Arabtec (ARTC) was the top gainer, up 6.0% to 2.47, probably due to news they'd accepted a debt settlement deal from Nakheel. Dubai Financial Market (DFM) shares were up 4.7%, Drake & Scull (DSI) 2.8%, Deyaar Development (DEYAAR) 2.4%, and the other gainers rose less than 2% or on low volumes. HITS Telecom was the worst loser, down 5.3% to 1.07, Dubai Refreshments (DRC) closed 5% limit down on thin trading, Dubai Investment Company (DIC) fell 4.6%, and the other losers were down less than 2%. Abu Dhabi Securities Exchange The Abu Dhabi index was almost unchanged, closing down less than a point, or 0.03%, at 2777 points from turnover of AED 138m with Aldar Properties (ALDAR) the most active stock, down 0.25% to 3.95 from AED 57m worth of deals. International Fish Farming (ASMAK) and Oman and Emirates Investment Holding (OEIHC) had 10% limit down closing prices but very few trades between them. Abu Dhabi National Energy (TAQA) was the worst of the more active losers, down 5.7% to 1.15, First Gulf Bank (FGB) fell 1.3%, and the other losers fell on turnover of less than AED 1m each. Emirates Telecom (ETISALAT) and National Bank of Abu Dhabi (NBAD) were unchanged at 10.65 and 12.00 respectively. Gulf Cement (GCEM) was the top gainer, 10% limit up at 2.06 but from just two small trades. Abu Dhabi Islamic Bank (ADIB) was the best of the more active gainers, up 3.3% to 2.89, Waha Capital (OILC) rose 2.7%, Dana Gas (DANA) 2.5%, Bank of Sharjah (BOS) 2.4%, and the other gainers were up less than 2% or on thin volumes.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch April 2010 DFM ADX Parker Thu 29 Apr 2010 14:24 UNB Q1 Profits Increase 25% ixtira Thu 29 Apr 2010 14:16 Emaar 2010Q1 profit 12 fils share GPIC Wed 28 Apr 2010 18:50 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

best stock rises symbol price change GCEM 2.06 +0.18 +9.6% UCC 1.65 +0.10 +6.5% ARTC 2.47 +0.14 +6% DNIR 2.17 +0.10 +4.8% DFM 1.77 +0.08 +4.7%

worst stock falls symbol price change ASMAK 13.95 -1.55 -10% OEIHC 1.25 -0.13 -9.4% TAQA 1.15 -0.07 -5.7% HITSTELEC 1.07 -0.06 -5.3% DRC 7.60 -0.40 -5%

top volume symbol value (AED) price EMAAR 139,912,145 3.91 ARTC 80,421,664 2.47 ALDAR 57,179,334 3.95 DFM 37,426,528 1.77 DANA 16,231,256 0.82

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