UAE markets 09 May 2010

UAE market news & discussions for 09 May 2010 UAE stocks mostly fell today with both indexes down a little over 1%. On the Nasdaq Dubai at 1530 UAE time DP World is unchanged and Depa is down 2.6%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks fell 1.2% to 1713 points from AED 432m worth of trading with Emaar Properties (EMAAR) the most active stock, down 1.04% to 3.81 from AED 189m worth. Arabtec (ARTC) was the only other stock trading more than AED 100m, falling 1.6% to 2.46. HITS Telecom was the worst of the more active losers, down 5.7% to 0.97, National General Cooling (TABREED) fell 4.9%, Gulf Finance House (GFH) 4.6%, and the other losers were down less than 4% or on low turnover. There were only three gainers - Dar Takaful Insurance (DARTAKAFUL), Emarat Takaful Insurance (TAKAFUL-EM), and Al Salam Bank (SALAM_BAH) - all up about 2% but none trading more than AED 1m worth. Abu Dhabi Securities Exchange Abu Dhabi stocks fell 1.4% to 2752 points from turnover of AED 133m with Aldar Properties (ALDAR) the most actively traded stock by value, down 3.9% to 3.73 from AED 42m worth of trading. Three stocks closed 10% limit down - Oman and Emirates Investment Holding (OEIHC), Sharjah Cement (SCIDC), and Ras Al Khaimah Poultry (RAPCO) - but none on significant trading levels. Ras Al Khaimah Properties (RAKPROP) was the worst loser trading more than AED 1m worth, down 4.1% to 0.48, Waha Capital (OILC) fell 4.05%, and most other stocks fell between 1% and 4%. There were seven gainers but none trading more than AED 1m worth. GLS was the best of them, closing 10% limit up at 4.78 from just one trade. National Bank of Abu Dhabi (NBAD) fell 1.25%, and Emirates Telecom (ETISALAT) fell 0.93%.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch May 2010 DFM ADX thajuddeen Sun 09 May 2010 15:24 Air Arabia 2010Q1 profit AED50m -51% Novice_investor Sun 09 May 2010 11:08 Why Dana Gas now? small fry Sun 09 May 2010 10:06 DANA Gas Zora project old timer Sat 08 May 2010 02:39 RAK Properties dividend 2009 nilegirl Fri 07 May 2010 08:28 HITS Telecom financial result 2009 mosimafia Fri 07 May 2010 01:46 Marketwatch April 2010 DFM ADX Novice_investor Wed 05 May 2010 23:53 UPP buy or sell? dxb Wed 05 May 2010 10:21 Dubai World Debt Proposal Is 'Very Fair,"... GPIC Mon 03 May 2010 23:10 List of Annual General Meetings UAE 2010 farnush Mon 03 May 2010 18:07 Dana Gas dividend and AGM GPIC Mon 03 May 2010 17:47 DIC 2010Q1 profit estimate Dhs275m ixtira Sun 02 May 2010 17:43 Best Brokerage Firm in UAE sam111sam Sun 02 May 2010 16:35 SALAMA share price dividends accounts MNK Sun 02 May 2010 15:34 DFM Dividend 2009-2010 foolsgold Sun 02 May 2010 09:57 UNB 2010Q1 profit AED380m sam111sam Thu 29 Apr 2010 14:59 Emaar 2010Q1 profit 12 fils share GPIC Wed 28 Apr 2010 18:50

best stock rises symbol price change FH 4.75 +0.34 +7.7% JULPHAR 2.00 +0.09 +4.7% ASMAK 13.00 +0.40 +3.2% RAKWCT 1.06 +0.03 +2.9% DPW 0.48 +0.01 +2.1%

worst stock falls symbol price change OEIHC 1.13 -0.12 -9.6% SCIDC 1.26 -0.13 -9.4% GCEM 1.75 -0.15 -7.9% RAPCO 2.10 -0.17 -7.5% UCC 1.39 -0.11 -7.3%

top volume symbol value (AED) price EMAAR 188,613,757 3.81 ARTC 112,422,525 2.46 DFM 47,480,292 1.71 ALDAR 42,259,076 3.73 DANA 22,804,090 0.80

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