UAE markets 09 Jun 2010

UAE market news & discussions for 09 June 2010 Can UAE stocks get any more listless? Neither market saw any significant movement today, and trading volumes seem to be drying up as the summer heat sets in. On the Nasdaq Dubai at 1410 UAE time, DP World is up 1.4%, and Depa is down 0.14%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks saw little change with the index moving down just 0.05% to 1513 points from turnover of just AED 92m with Emaar Properties (EMAAR) the most active stock, unchanged at 3.10 from AED 42m. Arabtec (ARTC) was the only other stock trading more than AED 10m, down 1.0% to 1.94 from just AED 14.5m. Al Madina Finance (ALMADINA) and International Financial Advisers (IFA) were the worst losers, closing 10% limit down but from just one trade in the case of IFA. Dubai Investment Company (DIC) fell 1.55%, Dubai Islamic Bank (DIB) 0.49%, and the other losers all fell on less than AED 1m worth of trading. Only 4 gainers saw trading worth more than AED 1m - Deyaar Development (DEYAAR) up 1.9%, Drake & Scull (DSI) up 1.2%, Arab International Logistics (ARMX) up 0.70%, and Union Properties (UPP) up 0.55%. Emirates NBD (ENBD) was unchanged at 2.66. Abu Dhabi Securities Exchange Abu Dhabi stocks were almost unchanged at 2525 points with the index closing in the green by just 0.02% from turnover of AED 58m. Dana Gas (DANA) was the most active stock, down 1.45% to 0.67 from just AED 15m, and Aldar Properties (ALDAR) was the only other stock trading more than AED 10m, down 0.65% to 3.05 from AED 11.5m. National Bank of Umm Al Quwain (NBQ) and International Fish Farming (ASMAK) were the top gainers closing 10% limit up but from just one small trade each. Aabar Energy (AABAR) was the only gainer trading more than AED 1m worth, up 0.63% to 1.60. Foodco Holding (FOODCO) was the worst loser, down 8.3% to 2.00 from just one small trade. Waha Capital (OILC) was the worst loser trading more than AED 1m worth, down 1.8% to 0.54, the other losers fell less than 1% or on low volumes. Emirates Telecom (ETISALAT) fell 0.48% to 10.40, and National Bank of Abu Dhabi (NBAD) was unchanged at 10.00.

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 June 2010 DFM ADX dxb Wed 09 Jun 2010 11:38 Union Properties new CEO comments dxb Wed 09 Jun 2010 10:33 Msharie IPO sharewadi Tue 08 Jun 2010 11:38 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

best stock rises symbol price change SALAM_BAH 0.81 +0.08 +11% NBQ 2.58 +0.23 +9.8% ASMAK 10.65 +0.93 +9.6% UCC 1.46 +0.12 +9% NMDC 7.50 +0.59 +8.5%

worst stock falls symbol price change ALMADINA 0.55 -0.06 -9.8% IFA 2.51 -0.27 -9.7% FOODCO 2.00 -0.18 -8.3% ALSALAMSUDAN 1.86 -0.14 -7% TAKAFUL-EM 0.66 -0.04 -5.7%

top volume symbol value (AED) price EMAAR 42,282,265 3.10 DANA 15,422,102 0.67 ARTC 14,512,513 1.94 ALDAR 11,561,406 3.05 ETISALAT 9,986,213 10.40

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