Abu Dhabi loses a quarter percent

08 June 2010

With oil heading lower by 0.6% on Tuesday, the energy price-sensitive Abu Dhabi stock market closed 0.24% lower at 2,524.79 points. Abu Dhabi National Energy Company, dubbed Taqa (Arabic for energy), lost 1.83%, ending at at Dhs1.07. The leading oil and gas firm in the UAE lost 11.5% on a year-to-date basis.

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