UAE markets 03 Jun 2010

UAE market news & discussions for 03 June 2010 The ADX rose while the DFM fell, both markets seeing low levels of activity. On the Nasdaq Dubai at 1445 UAE time, DP World is down 0.90%, and Depa is unchanged. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks fell 0.52% to 1542 points from turnover of AED 207m with Emaar Properties (EMAAR) the most active stock, down 0.62% to 3.20 from AED 77m. Gulf General Investment (GGICO) and National Cement Company (NCC) were the worst losers, closing 5% limit down but from thin trading. Islamic Arab Insurance (IAIC) was the worst of the more active losers, down 2.3% to 0.75, Deyaar Development (DEYAAR) fell 1.8%, Arabtec (ARTC) 1.5%, and the other losers fell less than 1.5% or on thin trading. There were 10 gainers but only 3 trading more than AED 1m worth - Air Arabia (AIRARABIA) up 2.6% to 0.875, Gulf Finance House (GFH) up 2.5%, and HITS Telecom up 1.9%. Emirates NBD (ENBD) rose just 0.38% to 2.68 from just under AED 1m worth. Abu Dhabi Securities Exchange Abu Dhabi stocks rose 0.84% to 2571 points from low trading worth just AED 93m with Aldar Properties (ALDAR) the most active stock, up 2.9% to 3.16 from AED 26m. Dana Gas (DANA) was the best of the more active gainers, up 2.9% to 0.70, while Qatar Telecom (QTEL) and International Fish Farming (ASMAK) closed 10% limit up but from just 3 small trades between them. Ras Al Khaimah Properties (RAKPROP) was up 2.5%, Sorouh Real Estate (SOROUH) 2.4%, Bank of Sharjah (BOS) 2.35%, and the other gainers rose less than 2% or on low volumes. Emirates Telecom (ETISALAT) rose 1.45%, and National Bank of Abu Dhabi (NBAD) rose 1.0%.

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
DIC heading south? sharewadi Thu 03 Jun 2010 14:34 Marketwatch June 2010 DFM ADX trades4profit Thu 03 Jun 2010 14:09 DIB to buy Tamweel sharewadi Wed 02 Jun 2010 17:53 Amlak Tamweel merger sharewadi Wed 02 Jun 2010 17:51 AMLAK TAMWEEL suspended ... delisted? sharewadi Wed 02 Jun 2010 17:50 Emirates NBD - 3 more UAE IPOs coming sharewadi Wed 02 Jun 2010 14:47 Why is ARMX heading south? Ali Al-Darbi Wed 02 Jun 2010 12:06 TABREED Going Down mohsent Tue 01 Jun 2010 21:50 Dubai Gold and Commodities Exchange (DGCX) jhar Tue 01 Jun 2010 15:29 Dubai Holding COG 2010 loss AED23bn sharewadi Tue 01 Jun 2010 14:02 Marketwatch May 2010 DFM ADX sharewadi Tue 01 Jun 2010 13:19 Drake Scull 2009 profit Trader2009 Mon 31 May 2010 15:52 What's happening? Saudi stock market 5% up! sam111sam Sun 30 May 2010 09:20 First UAE IPO in 2010 bandakok Sun 30 May 2010 00:40 Dubai International Capital debt standstill sharewadi Sat 29 May 2010 17:52 Al Mazaya capital increase 2010 sharewadi Sat 29 May 2010 12:56 UAE Stocks Recovery sammy Thu 27 May 2010 00:33

best stock rises symbol price change ASMAK 10.80 +0.94 +9.5% ADSB 3.59 +0.28 +8.5% ALMADINA 0.53 +0.02 +3.9% TAQA 1.10 +0.03 +2.8% ALDAR 3.16 +0.08 +2.6%

worst stock falls symbol price change RAPCO 1.85 -0.20 -9.8% RAKCEC 1.30 -0.14 -9.7% NMDC 6.83 -0.65 -8.7% GCIC 0.55 -0.05 -8.3% NBQ 2.35 -0.16 -6.4%

top volume symbol value (AED) price EMAAR 77,259,008 3.20 ARTC 57,419,036 2.00 DFM 34,566,882 1.58 ALDAR 21,759,195 3.16 DANA 16,679,947 0.69

• Comment on this report and view previous reports on the Share Wadi blog.
• Discuss UAE companies at Dubai Share Talk.