Dana Gas shares lose on second quarter results

11 August 2010

Abu Dhabi's ADX General Index ended 0.52% lower at 2,495.66 points. Shares of Sharjah-based Dana Gas, one of the largest energy firms in the UAE, lost 1.32%, closing at Dhs0.75. Dana Gas reported for the second quarter a net profit of Dhs33m ($9) compared to Dhs392m ($107), along with a Dhs0.005 earnings per share. The emirate's largest financial institution National Bank of Abu Dhabi (NBAD) gained against the weak market trend and finished 0.90% higher at Dhs11.25.

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