UAE markets 11 Nov 2010

UAE market news & discussions for 11 November 2010 UAE stocks fell although Methaq and Arkan continued to bounce around, both with significant gains. On the Nasdaq Dubai, DP World rose 2.2%, Depa fell 4.2%, and DGS fell 0.82%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks fell 0.86% to 1692 points from trading worth AED 213m with Arabtec (ARTC) the most actively traded stock, down 2.6% to 1.88 from AED 54m. Emaar Properties (EMAAR) saw similar volumes, down 1.3% to 3.67 from AED 51m. Dubai Islamic Insurance (AMAN) was the worst of the more active losers, down 4.6% to 0.72, Al Madina Finance (ALMADINA) fell 4.6% also, Ektitab Holding (EKTTITAB) was down 4.3%, Union Properties (UPP) 4.0%, Drake & Scull (DSI) 3.6%, National General Cooling (TABREED) 2.55%, and the other losers fell less than 2% except for a few trades in Dar Takaful Insurance (DARTAKAFUL) which closed 5% limit down. There were 5 gainers with only Ajman Islamic Bank (AJMANBANK) trading more than AED 1m worth (just), up 1.2% to 0.86. Abu Dhabi Securities Exchange Abu Dhabi stocks fell 0.12% to 2758 points from trading worth AED 132m with Aldar Properties (ALDAR) the most active stock, down 3.4% to 2.27 from AED 28m, also the worst loser except for a few trades in Abu Dhabi Ship Building (ADSB). Sorouh Real Estate (SOROUH) fell 2.4%, Ras Al Khaimah Cement (RAKCC) fell 2.0%, and the other losers were down less than 2% or on thin trading. Emirates Telecom (ETISALAT) fell 0.45% to 11.00, and National Bank of Abu Dhabi (NBAD) was unchanged. Methaq Islamic Insurance (METHAQ) was the top gainer, up 5.45% to 2.60, Arkan Building Materials (ARKAN) rose 3.45%, Green Crescent Insurance (GCIC) 2.5%, Abu Dhabi National Energy (TAQA) 2.1%, First Gulf Bank (FGB) 1.0%, and the other 3 gainers were up 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
UPP 2010Q3 results late sharewadi Thu 11 Nov 2010 14:43 Century Financial Brokers Dubai sharewadi Thu 11 Nov 2010 12:56 Need Urgent help from Experienced Traders adeelakhtar Thu 11 Nov 2010 10:55 Methaq Mystery thajuddeen Thu 11 Nov 2010 05:10 Air Arabia 2010Q3 profit sam111sam Wed 10 Nov 2010 20:42 New to stock market investing asoof Wed 10 Nov 2010 09:53 Aldar 2010 Q3 loss sam111sam Tue 09 Nov 2010 21:25 Tabreed on track for a great year sam111sam Tue 09 Nov 2010 19:59 Union Properties Ritz-Carlton sale sharewadi Tue 09 Nov 2010 18:24 Marketwatch Nov Dec 2010 DFM ADX Krazy Guy Tue 09 Nov 2010 12:07 SALAMA or AMAN (DII) stock performance MNK Tue 09 Nov 2010 11:11 PMs not sent or received Krazy Guy Mon 08 Nov 2010 20:50 DU Results 2010 Q3? Krazy Guy Mon 08 Nov 2010 08:50 DFM 2010Q3 loss Cash King Sun 07 Nov 2010 22:33 Aldar needs Dh10bn to survive Krazy Guy Sat 06 Nov 2010 10:21 Marketwatch October 2010 DFM ADX aerojack Fri 05 Nov 2010 13:02 DFM correction complete ? sam111sam Fri 05 Nov 2010 11:54

best stock rises symbol price change METHAQ 2.60 +0.14 +5.7% TAKAFUL-EM 0.73 +0.03 +4.3% ARKAN 2.07 +0.07 +3.5% BOS 1.88 +0.05 +2.7% GCIC 0.80 +0.02 +2.6%

worst stock falls symbol price change ADSB 3.05 -0.29 -8.7% DARTAKAFUL 0.95 -0.05 -5% AMAN 0.72 -0.04 -5.3% ALMADINA 0.61 -0.03 -4.7% EKTTITAB 0.42 -0.02 -4.5%

top volume symbol value (AED) price ARTC 53,618,422 1.88 EMAAR 51,312,611 3.67 AIRARABIA 44,031,096 0.79 ALDAR 28,493,706 2.27 DFM 19,410,283 1.50

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