Abu Dhabi joined the general recovery mood in the GCC after strong gains at US exchanges yesterday (the Dow Jones Industrial Index surged 2.10% on Tuesday, closing at 10,404.77 points following signs of strengthening industrial production). Advances in the energy and bank sectors helped the ADX General Index advancing 0.34% and closing at 2,519.17 points. After several days of posting heavy losses, Dana Gas rebounded 1.61% at Dhs0.63. A number of banks also lifted the UAE capital's market, such as Abu Dhabi Commercial Bank (ADCB) or First Gulf Bank (FGB), closing at Dhs1.52 (up 1.99%) and Dhs14.65(1.74% higher) respectively.
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