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Abu Dhabi market extends rebound

After gaining 4.21 per cent on Wednesday, December 17, the ADX General Index extended its rebound and closed 6.70 per cent higher at 4,365.19 points on Thursday, December 18.

The buying frenzy continued after the US FED signalled that it would not raise interest rates at least until mid-2015. Oil prices regained slightly as well, supporting the bullish sentiment at the ADX.

Abu Dhabi Commercial Bank, Aldar Properties and Dana Gas hit a limit up, gaining 15 per cent, which represents the maximum price ceiling that is allowed regarding the day performance.

Two shares lost value.

Gérard Al-Fil