Abu Dhabi exchange remains flat

07 July 2010

The summer heat seems to take over investors' mood as the ADC General Index added just 1.75 points and closed at 2,522.38 points. Ras al-Khaima Ceramic Company continued its volatile performance by posting the third largest increase, ending eight percent higher at Dhs1.48. With oil prices trading stuck around $72 per barrel, energy giant Taqa ended in line with the market unchanged at Dhs1.09. Trading volumes climbed 22% higher as some 61m stocks changed hands in Abu Dhabi.

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