Real estates push Abu Dhabi bourse up

25 October 2010

The ADX General Index gained 0.43% to close at 2,833.09. Real estate bellwethers Aldar Properties (up 2.70% at Dhs2.65) and Sorouh Real Estate (2.26% higher atDhs1.82) lifted the market in particular. National Bank of Abu Dhabi (NBAD), the Sheikhdom's largest bank by assets, closed 1.27% higher at Dhs12.05. Credit Suisse analyst Mohamad Hawa added NBAD to his top picks, labelling the bank with an 'outperform'-rating and target price Dhs19.00.

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