UAE markets 08 Jun 2010

UAE market news & discussions for 08 June 2010 UAE stocks continued to drift on low volumes with both the ADX and DFM both closing in the red slightly. On the Nasdaq Dubai at 1415 UAE time, Depa is unchanged, Damas is down 7.5%, and DP World is down 2.0%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks fell 0.30% to 1514 points from turnover of AED 109m with Emaar Properties (EMAAR) the most active stock, down 1.3% to 3.10 from AED 54m. Arab International Logistics (ARMX) was the worst loser, down 1.4% to 1.42, Air Arabia (AIRARABIA) fel 1.2%, and the other losers fell less than 1%. Gulf Finance House (GFH) was the best of the more active gainers, up 4.6% t0 0.53, Dubai Investment Company (DIC) rose 1.6%, and the other gainers were up less than 1% or on thin trading, including Emirates NBD (ENBD) up 0.76% to 2.66. Abu Dhabi Securities Exchange Abu Dhabi stocks fell 0.24% to 2525 points from trading worth AED 106m with Sorouh Real Estate (SOROUH) the most actively traded stock, up 0.97% to 2.05 from AED 21m, although National Bank of Abu Dhabi (NBAD) convertible notes saw greater turnover, up 1.3% to 77.01 from AED 25m. Emirates Insurance (EIC) was the worst of the losers trading more than AED 1m worth, down 3.6% to 6.00, Ras Al Khaimah Properties (RAKPROP) fell 2.5%, and the other losers fell less than 2% or on thin trading. Green Crescent Insurance (GCIC) was the top gainer, 10% limit up but on low volumes. Waha Capital (OILC) was the best of the more active gainers, up 1.85% to 0.55, Agthia Group (AGTHIA) rose 1.6%, Dana Gas (DANA) 1.5%, and the other gainers were up less than 1.5%. Emirates Telecom (ETISALAT) fell 0.48% to 10.40, and National Bank of Abu Dhabi (NBAD) rose 0.50% to 10.05 but on thin trading.

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
Msharie IPO sharewadi Tue 08 Jun 2010 11:38 Marketwatch June 2010 DFM ADX foolsgold Tue 08 Jun 2010 10:03 Arabtec Target Engineering Abu Dhabi deals trades4profit Tue 08 Jun 2010 09:30 Air Arabia Jordan sharewadi Mon 07 Jun 2010 20:56 Nakheel starts paying contractors thajuddeen Mon 07 Jun 2010 15:31 FXCM MENA forex trading NooraEid Mon 07 Jun 2010 12:49 Nasdaq Dubai DFM trading platform sharewadi Sun 06 Jun 2010 22:52 DIC heading south? sam111sam Thu 03 Jun 2010 16:34 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

best stock rises symbol price change GCIC 0.61 +0.05 +8.9% TAKAFUL-EM 0.70 +0.05 +7.7% GFH 0.53 +0.02 +3.9% AMAN 0.73 +0.03 +4.3% HITSTELEC 0.83 +0.03 +3.8%

worst stock falls symbol price change QTEL 147.00 -11.10 -7% EIC 6.00 -0.22 -3.5% NBS 0.85 -0.03 -3.4% JULPHAR 1.75 -0.05 -2.8% RAKPROP 0.39 -0.01 -2.5%

top volume symbol value (AED) price EMAAR 53,875,616 3.10 SOROUH 20,651,775 2.05 ARTC 18,445,721 1.96 ALDAR 17,169,976 3.08 DANA 13,353,192 0.68

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