Banks drag Abu Dhabi bourse down

29 November 2010

At the Abu Dhabi market ADX, shares of financial institutions Union National Bank (UNB, off 4.4) at Dhs3.18), Abu Dhabi Commercial Bank (ADCB, down 3.06% at Dhs2.20) and Abu Dhabi Islamic Bank (ADIB, 2.68% lower at Dhs2.90) ended among the top decliners Monday, dragging the ADX index down by 0.67% to close at 2,731.22 points. Energy heavyweight Dana Gas bucked the trend by reaching Dhs0.73 (up 1.39%)

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