UAE markets 10 May 2010

UAE market news & discussions for 10 May 2010 UAE stocks saw decent gains today, led by Aldar and Aabar in Abu Dhabi, and DFM shares showing the way in Dubai. On the Nasdaq Dubai at 1500 UAE time, DP World is up 3.1%, and Depa is up 4.0%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks were up 1.6% to 1741 points from trading worth AED 508m with Emaar Properties (EMAAR) the most active stock, up 2.9% to 3.92 from AED 224m worth. Arabtec (ARTC) was the only other stock trading more than AED 100m worth, up 1.6% to 2.50 from AED 115m. Gulf Finance House (GFH) was the top gainer, up 8.9% to 0.75, HITS Telecom rose 7.1%, Dubai Financial Market (DFM) 4.7%, and the other gainers were up less than 3% or on low volumes. There were only three losers, and only Emarat Takaful Insurance (TAKAFUL-EM) traded more than 1m worth as it fell 5.4% to 0.88, making it also the worst loser. Abu Dhabi Securities Exchange Abu Dhabi stocks rose 1.6% to 2795 points from turnover of AED 213m with Aldar Properties (ALDAR) the most actively traded stock, up 5.45% to 3.94 from AED 71m. Aabar Energy (AABAR) was the best of the more active gainers, up 6.6% to 2.11, Methaq Islamic Insurance (METHAQ) rose 5.0%, Sorouh Real Estate (SOROUH) 4.55%, Abu Dhabi Commercial Bank (ADCB) 4.5%, Ras Al Khaimah Properties (RAKPROP) 4.3%, and the other gainers were up less than 4% or on low trading. There were 10 losers but none trading more than AED 1m worth. The worst of them were Ras Al Khaimah Poultry (RAPCO), Finance House (FH), and Abu Dhabi National Building Materials (BILDCO) - all closing over 9% down for the day. Emirates Telecom (ETISALAT) was up 0.94%, and National Bank of Abu Dhabi (NBAD) rose 2.5%.

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 May 2010 DFM ADX sam111sam Mon 10 May 2010 14:36 OILC Waha dividend 2009 girish Mon 10 May 2010 14:20 Any reason why DSI is lagging behind the rest? Ali Al-Darbi Mon 10 May 2010 14:19 DFM Dividend 2009-2010 bandakok Mon 10 May 2010 11:26 Air Arabia 2010Q1 profit AED50m -51% Novice_investor Mon 10 May 2010 09:25 Drake Scull 2009 profit Ali Al-Darbi Sun 09 May 2010 16:01 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

best stock rises symbol price change GFH 0.75 +0.06 +8.7% HITSTELEC 1.04 +0.07 +7.2% AABAR 2.11 +0.13 +6.6% DPW 0.51 +0.03 +6.3% TAQA 1.15 +0.06 +5.5%

worst stock falls symbol price change BILDCO 2.04 -0.22 -9.7% FH 4.75 -0.44 -8.5% RAPCO 1.96 -0.20 -9.3% OEIHC 1.03 -0.10 -8.8% TAKAFUL-EM 0.88 -0.05 -5.4%

top volume symbol value (AED) price EMAAR 223,900,643 3.92 ARTC 115,309,322 2.50 ALDAR 70,964,041 3.94 DFM 70,111,446 1.79 ETISALAT 26,777,598 10.85

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