UAE markets 26 May 2010

UAE market news & discussions for 26 May 2010 Dubai stocks recovered slightly from yesterday's carnage, albeit on low trading levels, while Abu Dhabi stocks saw little change. On the Nasdaq Dubai at 1545 UAE time, DP World is up 2.9%, and Depa is unchanged. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks rose 1.3% to 1591 points from turnover of AED 226m with Emaar Properties (EMAAR) the only stock trading more than AED 100m, up 1.5% to 3.35 from AED 108m worth of deals. Arab International Logistics (ARMX) was the best of the more active stocks, up 3.6% to 1.45, Dubai Financial Market (DFM) rose 2.6%, Dubai Islamic Bank (DIB) 2.4%, and the other gainers were up less than 2% or on low volumes. There were 7 losers with only 2 trading more than AED 1m worth - National General Cooling (TABREED) down 1.2%, and Union Properties (UPP) down 0.70%. Emirates NBD (ENBD) rose 0.74% on low volumes. Abu Dhabi Securities Exchange Abu Dhabi stocks fell 0.14% to 2647 points from turnover of AED 129m with Aldar Properties (ALDAR) the most active stock, up 0.94% to 3.19 from AED 43m of trading. Sorouh Real Estate (SOROUH) was the best of the more active gainers, up 1.9% to 2.10, Agthia Group (AGTHIA) rose 1.6%, First Gulf Bank (FGB) and Abu Dhabi Islamic Bank (ADIB) 1.2%, and the remaining gainers were up less than 1% or on thin trading. Gulf Pharmaceutical Industries (JULPHAR) was the worst of the more active losers, down 5.5% to 1.90, Abu Dhabi National Hotels (ADNH) fell 5.0%, Abu Dhabi Commercial Bank (ADCB) 1.2%, Aabar Energy (AABAR) 1.0%, and the other losers fell less than 1% or on low volumes. National Bank of Abu Dhabi (NBAD) was unchanged, and Emirates Telecom (ETISALAT) fell 0.94%.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch May 2010 DFM ADX Ali Al-Darbi Wed 26 May 2010 15:49 UAE Stocks Recovery stockplayer Wed 26 May 2010 11:10 Flight to safety Ali Al-Darbi Wed 26 May 2010 10:42 Why is ARMX heading south? thajuddeen Tue 25 May 2010 17:01 First UAE IPO in 2010 sharewadi Mon 24 May 2010 22:11 Air Arabia stock price downtrend small fry Sun 23 May 2010 13:52 What is gold saying Novice_investor Fri 21 May 2010 16:13 Trading strategies that ignore 'go away in May thetradingguy Wed 19 May 2010 22:47 Drake Scull 2009 profit newride Wed 19 May 2010 10:31 DIC dividend cheque for FY 2009 MNK Tue 18 May 2010 15:34 Aldar Bank of America rating Cash King Tue 18 May 2010 10:27 Aabar 2010Q1 AED 959m loss or 1.6bn profit? sam111sam Mon 17 May 2010 08:08 HITS Telecom financial result 2009 khan007 Sun 16 May 2010 13:35 DU Telecom 2010Q1 profit 97m sam111sam Fri 14 May 2010 19:36 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 Air Arabia 2010Q1 profit AED50m -51% joeoma Tue 11 May 2010 11:59

best stock rises symbol price change SHUAA 1.40 +0.14 +11.1% ALSALAMSUDAN 2.10 +0.19 +9.9% UCC 1.43 +0.12 +9.2% GCEM 2.04 +0.14 +7.4% ALMADINA 0.59 +0.04 +7.3%

worst stock falls symbol price change ASMAK 12.15 -1.35 -10% IFA 3.08 -0.34 -9.9% GLOBAL 1.22 -0.11 -8.3% PALTEL 23.60 -2.15 -8.3% DARTAKAFUL 1.03 -0.07 -6.4%

top volume symbol value (AED) price EMAAR 108,154,674 3.35 ARTC 47,766,154 2.12 ALDAR 42,817,093 3.19 DFM 25,123,461 1.59 SOROUH 20,176,959 2.10

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