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Etisalat, developers drive Abu Dhabi market advance

 
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Kirk
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Joined: 01 Jan 1970
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PostPosted: Wed Feb 22, 2012 7:07 am    Post subject: Etisalat, developers drive Abu Dhabi market advance Reply with quote

The ADX General Index rose the third day straight Tuesday, closing at 2,527.04 points. Finance House soared the most (up 6.75%), while the UAE's first telco operator Etisalat added 2.14. While Aldar Properties ended even, RAK Properties and Sorouh Real estate advanced 5.41% and 1.83%, respectively. Market breadth remained bullish (18 shares advanced, five declined), although the ADX gauge gained the third day straight. Around 176m shares worth Dhs200.7m changed hands.

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