Abu Dhabi developers know the way up, Aldar hits 7-month high
- United Arab Emirates: Tuesday, October 16 - 2012 at 15:37
The ADX General Index continued to recover Tuesday, closing 0.13% higher at 2,647.31 points. Real estate giants Aldar and Sorouh were the most liquid shares. Both firms, which are progressing in their merger talks, gained 2.36% and 1.50%, respectively. RAK Bank lost the most (off 3.33%). Invest Bank closed flat at Dhs1.60. Earlier in the day, Invest Bank said it generated in the third quarter a net profit of Dhs256m, up 3% year-on-year.
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