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Taqa shares rebound after hitting AED0.80

The ADX General Index fell by 0.78 per cent to 4,481.58 points on Monday, December 22. The session marked the first market decline since a post-crash buying frenzy kicked off on Dec. 16.

Abu Dhabi National Energy Company or Taqa (Arabic for energy) jumped 6.41 per cent to hit AED0.83. Taqa has been testing the support level at AED0.83 several times in the last two weeks.

Agthia, the producer of food and beverages, lost the most, finishing 9.73 per cent to AED5.10.

Gérard Al-Fil