UAE markets 17 May 2010

UAE market news & discussions for 17 May 2010 Dubai stocks rose but Abu Dhabi stocks fell, with both markets still trading low volumes. On the Nasdaq Dubai at 1430 UAE time, DP World is the only stock traded so far, down 2.5% to US$0.465. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks rose 1.2% to 1713 points from AED 221m worth of trading with Emaar Properties (EMAAR) the only stock trading more than AED 100m worth, up 1.6% to 3.81 from AED 119m. Ektitab Holding (EKTTITAB) was the best of the more active gainers, up 8.3% to 0.455, while the rarely traded National Industries Group (NIND) closed 15% limit up from a single small trade. National General Cooling (TABREED) rose 3.2%, Emirates Integrated Telecommunications (DU) 3.15%, Dubai Investment Company (DIC) 2.1%, and the other gainers were up less than 2% or on thin trading. Of the five losers, only Union Properties (UPP) saw more than AED 1m worth of trading, falling just 0.43% to 0.47. Emirates NBD (ENBD) rose 1.7% on low volumes. Abu Dhabi Securities Exchange Abu Dhabi stocks fell 0.37% to 2777 points from AED 88m worth of trading with Aldar Properties (ALDAR) the most active stock as usual, down 0.8% to 3.79. Dana Gas (DANA) was relatively active, and the only other stock trading more than AED 10m worth, down 1.2% to 0.80 from AED 25m. Apart from a single small trade in Oman and Emirates Investment Holding (OEIHC), Ras Al Khaimah Properties (RAKPROP) was the worst loser, down 2.1% to 0.48. National Bank of Abu Dhabi (NBAD) fell 1.3%, Emirates Telecom (ETISALAT) was down 0.46%, and the other losers were down less than 1% or on low volumes. There were only two gainers trading more than AED 1m - Sorouh Real Estate (SOROUH) up 0.90%, and Agthia Group (AGTHIA) up 0.49%.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch May 2010 DFM ADX aerojack Mon 17 May 2010 14:26 Aabar 2010Q1 AED 959m loss or 1.6bn profit? sam111sam Mon 17 May 2010 08:08 Air Arabia stock price downtrend ixtira Sun 16 May 2010 13:49 HITS Telecom financial result 2009 khan007 Sun 16 May 2010 13:35 DU Telecom 2010Q1 profit 97m sam111sam Fri 14 May 2010 19:36 What is gold saying GPIC Fri 14 May 2010 11:54 DFM Dividend 2009-2010 famj Wed 12 May 2010 22:41 Any reason why DSI is lagging behind the rest? aerojack Wed 12 May 2010 20:42 Drake Scull 2009 profit Michel.m Wed 12 May 2010 17:32 Air Arabia 2010Q1 profit AED50m -51% joeoma Tue 11 May 2010 11:59 Arabtec dividend 2009 MNK Tue 11 May 2010 08:40 Emaar & chances of a dividend? Rick Mon 10 May 2010 23:12 OILC Waha dividend 2009 girish Mon 10 May 2010 14:20 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 Marketwatch April 2010 DFM ADX Novice_investor Wed 05 May 2010 23:53

best stock rises symbol price change NIND 18.90 +2.45 +14.9% EKTTITAB 0.46 +0.04 +9.5% ALSALAMSUDAN 2.20 +0.13 +6.3% SHUAA 1.42 +0.07 +5.2% GGICO 0.83 +0.04 +5.1%

worst stock falls symbol price change OEIHC 0.96 -0.07 -6.8% SALAM_BAH 0.80 -0.03 -3.6% NCC 4.15 -0.15 -3.5% DPW 0.47 -0.02 -4.1% RAKPROP 0.48 -0.01 -2%

top volume symbol value (AED) price EMAAR 118,927,062 3.81 ARTC 29,433,690 2.39 ALDAR 29,176,616 3.79 DFM 28,639,159 1.74 DANA 24,970,480 0.80

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