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Abu Dhabi bourse closes even

The ADX Index finished at 2,445.85 Wednesday. While the two largest property developers Aldar and Sorouh gained 1.02% and 3.37%, respectively, bellwether share Etisalat declined further (off 0.10% at Dhs9.96. Union Cement gained the most (up 3.74% at Dhs1.11). Earnings were released earlier to day by Finance House and National Bank of Ras al-Khaima or RAK Bank. For the nine months ended 30th September 2011, Finance House PJSC (FH) has announced a net profit of Dhs55.34m. RAK Bank reported a nine-month profit of Dhs906.5m, up 24.21% year-on-year. Both shares were not traded today. Some 44.8m stocks worth Dhs72m changed hands at the ADX today.