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Abu Dhabi exchange ends flat

28 June 2010

As on Sunday, the ADX General Index did only move insignificantly higher and closed at 2,553.11 points. Shares of Telecom provider Etisalat (Arabic for connections) added 0.97%, closing at Dhs10.50. The company said today in a written statement in reference to "recent media news" that it did not present any proposal or bid to acquire a stake in Kuwait's telecom firm "Zain". Al Ain Al Ahlia Insurance Company posted the largest loss, finishing nine percent lower at Dhs50.00.

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