Abu Dhabi bourse adds half a percent

12 April 2011

The ADX General Index closed 0.50% higher at 2,632.44. Shares of RAK Properties gained 2.56%, closing at Dhs2.56. Earlier in the day, RAK Properties informed the ADX that it received a loan of $50m from the Investment and Development Office (IDO). National Bank of Fujairah posted the largest gain, closing 10% higher at Dhs3.52. Investbank was the main loser (off 6.43% at Dhs1.60). Some 126.86m stocks worth Dhs190.29m changed hands in Abu Dhabi. Nineteen shares gained, eight lost and five remained even.

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