Abu Dhabi bourse decline continues

09 August 2010

The ADX market failed to join the general positive trend at GCC markets and ended 0.64% lower at 2,511.45 points, falling for the fourth consecutive trading day. Real estate bellwether Aldar Properties weakened to Q1 2009 levels at Dhs2.15 (down3.67%). Green Crescent Insurance Co. topped the charts, gaining 9.43% to Dhs0.58. Its rival Sorouh Real Estate added 0.60%, finishing at Dhs1.64. Abu Dhabi National Energy Co., dubbed Taqa, (Arabic for energy) bucked the trend by gaining 0.83%, ending at Dhs1.24.

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