RAK Cement Co. shares gain on Q3 results

17 October 2010

The Abu Dhabi bourse ADX added 0.15 Sunday, closing at 2,762.71. Shares of RAK Cement Co. gained 1.22% to close at Dhs0.82 after the firm reported an unaudited profit for the third quarter of Dhs1.19m, down 91% on a year-on-year basis. Banks performed mostly weaker. National Bank of Umm al-Qaiwain plummeted 9.80% to close Dhs2.30. Abu Dhabi Commercial Bank (ADCB) weakened 3.19% to finish at Dhs2.36.

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