UAE markets 24 Oct 2010

UAE market news & discussions for 24 October 2010 UAE stocks rose with the ADX much busier than the DFM for a change. On the Nasdaq Dubai, DP World was the only stock traded, up 3.45% to 0.60. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks rose 0.17% to 1747 points from trading worth AED 117m with Emaar Properties (EMAAR) the most active stock, unchanged at 3.85 from AED 23m. HITS Telecom was the top gainer, up 7.5% to 0.93, Dubai Islamic Insurance (AMAN) closed 5% limit up, Dubai Insurance (DIN) rose 3.6%, and the other gainers were up less than 2% or on thin trading. There were 7 losers with only Gulf Navigation (GULFNAV), Air Arabia (AIRARABIA), and Drake & Scull (DSI) trading more than AED 1m each - all down less than 1%. Abu Dhabi Securities Exchange Abu Dhabi stocks rose 0.48% to 2821 points from trading worth 274m with Aldar Properties (ALDAR) the only stock trading more than AED 100m, up 2.8% to 2.58 from AED 110m. Methaq Islamic Insurance (METHAQ) was one of the top gainers, closing 10% limit up at 1.95 with no sellers in the queue. Abu Dhabi Ship Building (ADSB) and Commercial Bank International (CBI) also closed 10% limit up but from just a couple of small trades. Arkan Building Materials (ARKAN) rose 4.7%, Waha Capital (OILC) 2.5%, Ras Al Khaimah Properties (RAKPROP) 2.1%, and the other gainers were up less than 2% or on thin trading. Emirates Telecom (ETISALAT) and National Bank of Abu Dhabi (NBAD) both rose just over 0.4%. Abu Dhabi Islamic Bank (ADIB) was the worst of the more active losers, down 3.75% to 3.07, Abu Dhabi National Energy (TAQA) fell 2.0%, Agthia Group (AGTHIA) 1.3%, and the other losers traded less than AED 1m.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Union Properties Ritz-Carlton sale sam111sam Sat 23 Oct 2010 16:35 FXCM MENA forex trading NooraEid Fri 22 Oct 2010 19:43 Marketwatch October 2010 DFM ADX ixtira Fri 22 Oct 2010 18:07 Methaq Mystery thajuddeen Thu 21 Oct 2010 20:34 Marketwatch August 2010 DFM ADX thajuddeen Tue 19 Oct 2010 05:22 Which Shares will Peak Faster Now ? bandakok Mon 18 Oct 2010 01:24 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

best stock rises symbol price change ADSB 3.85 +0.35 +10% CBI 1.29 +0.11 +9.3% RAPCO 1.74 +0.13 +8.1% METHAQ 1.95 +0.14 +7.7% HITSTELEC 0.93 +0.07 +8.1%

worst stock falls symbol price change GMPC 2.10 -0.20 -8.7% SALAM_BAH 0.74 -0.06 -7.5% DRC 5.32 -0.28 -5% ADIB 3.07 -0.12 -3.8% RAKNIC 4.00 -0.15 -3.6%

top volume symbol value (AED) price ALDAR 109,617,044 2.58 SOROUH 27,966,189 1.75 EMAAR 23,277,660 3.85 ETISALAT 21,223,485 11.80 DIB 13,881,348 2.43

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