UAE markets 21 Jun 2010

UAE market news & discussions for 21 June 2010 UAE stocks saw more green today with volumes still relatively solid. On the Nasdaq Dubai at 1545 UAE time, DP World is unchanged, Damas is down 15.8%, DGS is up 2.3%, and Depa is up 2.1%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks rose 1.1% to 1563 points from trading worth AED 328m with Emaar Properties (EMAAR) the only stock trading more than AED 100m worth, up 2.7% to 3.39 from AED 163m. Emirates Integrated Telecommunications (DU) was the best of the more active stocks, up 4.2% to 2.23, Air Arabia (AIRARABIA) rose 2.9%, and the other gainers were up less than 2% or on thin trading. Al Madina Finance (ALMADINA) was the worst loser, down 4.5% to 0.62, Deyaar Development (DEYAAR) fell 1.6%, Gulf Navigation (GULFNAV) 1.1%, and the other losers were down less than 1% or on thin trading. Emirates NBD (ENBD) was unchanged at 2.69. Abu Dhabi Securities Exchange Abu Dhabi stocks rose 1.0% to 2562 points from turnover of AED 197m with Aldar Properties (ALDAR) the only stock trading more than AED 100m worth, up 3.2% to 3.20 from AED 111m. Methaq Islamic Insurance (METHAQ) was the best of the more active gainers, up 5.8% to 1.43, Union National Bank (UNB) rose 4.9%, National Bank of Abu Dhabi (NBAD) 3.8%, Abu Dhabi Commercial Bank (ADCB) 3.3%, Dana Gas (DANA) 3.0%, and the other gainers were up less than 3% or on thin trading. There were 6 losers with only Ras Al Khaimah Cement (RAKCC) trading more than AED 1m worth, down 1.3% to 0.74. Emirates Telecom (ETISALAT) was unchanged at 10.30.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
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best stock rises symbol price change IFA 3.39 +0.44 +14.9% RAPCO 1.68 +0.15 +9.8% RAKCEC 1.55 +0.10 +6.9% ALSALAMSUDAN 1.92 +0.12 +6.7% METHAQ 1.43 +0.08 +5.9%

worst stock falls symbol price change DAMAS 0.16 -0.03 -15.8% NCTH 7.65 -0.85 -10% SUDATEL 2.25 -0.15 -6.3% ALMADINA 0.62 -0.03 -4.6% QCEM 0.62 -0.02 -3.1%

top volume symbol value (AED) price EMAAR 162,914,233 3.39 ALDAR 110,761,473 3.20 ARTC 63,298,089 1.97 DFM 58,350,180 1.61 SOROUH 23,425,477 2.01

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