UAE markets 17 Oct 2010

UAE market news & discussions for 17 October 2010 Stocks rose slightly in Abu Dhabi, although Arkan and Methaq closed limit up despite both companies saying there was no news to justify the sharp movements in share price, giving us a feeling of deja vu. Dubai stocks fell slightly with HITS Telecom dropping sharply but no other significant movements. On the Nasdaq Dubai, DP World rose 0.18%, Depa was unchanged, and DGS rose 0.57%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks fell 0.13% to 1744 points from AED 133m worth of trading with Emaar Properties (EMAAR) the most active stock, down 0.51% to 3.92 from AED 49m. HITS Telecom was the worst of the more active losers, down 5.5% to 0.82, Arabtec (ARTC) fell 1.75%, Dubai Financial Market (DFM) 1.1%, and the other losers were down less than 1% or on thin trading. Emirates NBD (ENBD) was the best of the more active gainers, up 1.7% to 3.00. Air Arabia (AIRARABIA), Union Properties (UPP), and Arab International Logistics (ARMX) all rose less than 1%, and the other 3 gainers were up on low volumes. Abu Dhabi Securities Exchange Abu Dhabi stocks rose 0.15% to 2763 points from AED 186m worth of trading with, unusually, Emirates Insurance (EIC) the most active stock by value, unchanged at 6.00 from a single trade worth AED 64m. Methaq Islamic Insurance (METHAQ) and Arkan Building Materials (ARKAN) were the top gainers, both closing 10% limit up with no sellers in the queue. Emirates Telecom (ETISALAT) rose 1.8%, Ras Al Khaimah Cement (RAKCC) was up 1.2%, and the other gainers rose on turnover of less than AED 1m each. Dana Gas (DANA) was the worst of the more active losers, down 3.5% to 0.81, Abu Dhabi Commercial Bank (ADCB) fell 3.2%, Waha Capital (OILC) 2.5%, and the other losers were down less than 2% or 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
Which Shares will Peak Faster Now ? sam111sam Sun 17 Oct 2010 10:53 Marketwatch October 2010 DFM ADX thajuddeen Sun 17 Oct 2010 09:49 Marketwatch August 2010 DFM ADX sharewadi Fri 15 Oct 2010 12:38 Tunisia GFH Offshore Financial Center khan007 Thu 14 Oct 2010 09:14 Axiom IPO sharewadi Wed 13 Oct 2010 23:20 Arabtec Gazprom analysis Cash King Sun 10 Oct 2010 18:55 NBAD Evans Randall finance JV Gulfer Wed 06 Oct 2010 21:00 Amlak Tamweel merger sharewadi Tue 05 Oct 2010 16:13 Emirates Islamic Bank to Bail out Amlak ? sam111sam Tue 05 Oct 2010 09:25 DIB Injects additional Capital in Tamweel sam111sam Mon 04 Oct 2010 19:46 Emicool IPO sharewadi Sat 02 Oct 2010 13:06 Marketwatch September 2010 DFM ADX sam111sam Fri 01 Oct 2010 12:21 Limitless Minerva Northacre Gulfer Thu 30 Sep 2010 20:34 UAE stock market number of investors ixtira Thu 30 Sep 2010 15:32 Union Properties Ritz-Carlton sale sharewadi Tue 28 Sep 2010 20:19 EMAAR trend analysis thajuddeen Tue 28 Sep 2010 18:18 Investing a million dirhams advice ixtira Tue 28 Sep 2010 16:54

best stock rises symbol price change FOODCO 1.77 +0.16 +9.9% METHAQ 1.66 +0.14 +9.2% ARKAN 1.60 +0.12 +8.1% AKIC 0.80 +0.02 +2.6% BOS 1.91 +0.04 +2.1%

worst stock falls symbol price change NBQ 2.30 -0.25 -9.8% GLOBAL 0.79 -0.08 -9.2% ALSALAMSUDAN 1.84 -0.18 -8.9% ADSB 3.19 -0.29 -8.3% HITSTELEC 0.82 -0.05 -5.7%

top volume symbol value (AED) price EIC 64,329,066 6.00 EMAAR 49,353,450 3.92 DANA 41,473,759 0.81 ARTC 20,387,519 2.24 ALDAR 16,007,906 2.47

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