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Abu Dhabi market gains 1.62%
- United Arab Emirates: Thursday, July 02 - 2009 at 15:55
Abu Dhabi's ADX General Index advanced constantly throughout today's trading session, closing 1.62% higher at 2,671.29 points. Constructions shares (up 3.34%) lifted the market, along with the energy segment. Dana Gas added 2.68% (closing at Dhs1.15). Abu Dhabi National Energy Company (Taqa) remained unchanged. Its CEO Peter Barker-Homek said that the global energy firm told rating agency Standard and Poor's not to value Taqa any longer. Taqa disagrees with new rating criteria of government-related enterprises. Taqa's major shareholder is the emirate of Abu Dhabi.
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Gérard Al-Fil, Financial JournalistThursday, July 02 - 2009 at 15:55 UAE local time (GMT+4)
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