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.

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.

Get Notifications