Aldar shares push Abu Dhabi bourse higher

19 September 2010

In Abu Dhabi, the ADX General Index advanced by 0.98% to close at 2,632.27 points. Shares of Aldar Properties (gaining 2.92% to close at Dhs2.48), the Sheikhdom's real estate bellwether, were the most liquid. Aldar today confirmed in a statement to the ADX that handover to homeowners at Al Bandar, the first residential community to be delivered within Al Raha Beach in Abu Dhabi, began last week with the first resident moving in on Monday 13th September. All ADX sector indices landed in the green, with the exception of the consumer segment (down 0.29%).

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Take advantage of our introductory offers below for new subscribers and purchase your access today! If you are an existing client, please reach out to your account manager.