UAE markets 05 Aug 2010

UAE market news & discussions for 05 August 2010 Aldar dropped sharply again, a handful of rarely traded Abu Dhabi insurance companies saw high value turnover from a single trades in each stock, and otherwise nothing much happened on the UAE stock markets. On the Nasdaq Dubai, DP World is down 1.65%, Depa is up 1.5%, and DGS is up 0.22%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks rose 0.31% to 1518 points from AED 56m worth of trading with Emaar Properties (EMAAR) the only stock trading more than AED 1m worth, unchanged at 3.29. Gulf Navigation (GULFNAV) was the best of the more active gainers, up 1.8% to 0.51, Arab International Logistics (ARMX) rose 1.7%, Dubai Islamic Bank (DIB) 1.5%, Dubai Financial Market (DFM) 1.4%, and the other gainers were up less than 1% or on thin trading. Of the 7 losers, only 3 traded more than AED 1m worth - Arabtec (ARTC), Deyaar Development (DEYAAR), and Union Properties (UPP) - all falling less than 1%. Abu Dhabi Securities Exchange Abu Dhabi stocks fell 0.24% to 2529 points from trading worth AED 123m with Aldar Properties (ALDAR) the most actively traded stock, down 3.8% to 2.31, and also the worst loser. Abu Dhabi National Insurance (ADNIC) stood out in second place on turnover as it usually rarely sees any trades, up just 0.17% to 6.01 from a single trade of 3.2m shares. Agthia Group (AGTHIA) was the only other gainer trading more than AED 1m worth, up 2.0% to 2.06. Waha Capital (OILC), Ras Al Khaimah Cement (RAKCC), National Bank of Abu Dhabi (NBAD), and Sorouh Real Estate (SOROUH) all fell between 1% and 1.5%, and Abu Dhabi Commercial Bank (ADCB) and First Gulf Bank (FGB) fell less than 1%. Emirates Telecom (ETISALAT) and Dana Gas (DANA) were unchanged, as were three other rarely traded insurance companies - Al Wathba National Insurance (AWNIC), Al Ain Ahlia Insurance (AAAIC), and Al Dhafra Insurance (DHAFRA), each one seeing a single high value trade.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch August 2010 DFM ADX Ali Al-Darbi Thu 05 Aug 2010 15:03 ALDAR share price sharewadi Thu 05 Aug 2010 14:38 UAE brokers suspending operations sharewadi Thu 05 Aug 2010 02:08 Forbes Middle East magazine MEnewswire Wed 04 Aug 2010 13:30 E-Marine - East African Submarine System MEnewswire Wed 04 Aug 2010 13:29 Dubai market tomorrow dificult trend Wed 04 Aug 2010 00:47 UAE macroeconomic outlook sam111sam Mon 02 Aug 2010 14:56 Al Madina share price and buyback Krazy Guy Sun 01 Aug 2010 15:02 NBAD Evans Randall finance JV Gulfer Sun 01 Aug 2010 13:01 Colliers Dubai property report 2010Q2 sharewadi Sun 01 Aug 2010 11:25 Top Stock Picks DFM/ADX Fall 2010 sam111sam Sat 31 Jul 2010 19:26 UAE Chairs Damascus Meeting "PP10" 2010-Mexico MEnewswire Sat 31 Jul 2010 14:20 Limitless Minerva Northacre Gulfer Sat 31 Jul 2010 13:44 ALDAR 2010 H1 results sharewadi Thu 29 Jul 2010 16:20 Marketwatch July 2010 DFM ADX sam111sam Thu 29 Jul 2010 01:37 Dubai Investments 2010 H1 profit MEnewswire Wed 28 Jul 2010 18:10 Arabtec Stock Price Cash King Mon 26 Jul 2010 16:31

best stock rises symbol price change SALAM_BAH 0.74 +0.03 +4.2% DARTAKAFUL 0.91 +0.03 +3.4% DNIR 2.20 +0.07 +3.3% ALMADINA 0.55 +0.02 +3.8% ADIB 2.55 +0.06 +2.4%

worst stock falls symbol price change GLOBAL 1.13 -0.12 -9.6% ALSALAMSUDAN 1.65 -0.10 -5.7% ALDAR 2.31 -0.09 -3.8% OILC 0.69 -0.01 -1.4% RAKCC 0.71 -0.01 -1.4%

top volume symbol value (AED) price ALDAR 40,940,578 2.31 ADNIC 19,232,000 6.01 EMAAR 18,719,932 3.29 SOROUH 16,044,573 1.70 ARTC 9,449,359 1.75

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