Complex Made Simple

Abu Dhabi developers close flat, while market index is mostly dragged down by Etisalat

A lacklustre ADX General Index lost half a percentage point Wednesday and closed at one-week low at 2,469.86 points. Trading volumes fell to a new 2012-low as 19.4m shares were traded, valued at Dhs37.3m. Commercial Bank International gained the most (up 10% at Dhs0.99). Bellwether Etisalat, the UAE's first telco firm, closed 1.86% lower at Dhs9.33. Merger candidates Aldar Properties and Sorouh Real Estate closed unchanged at Dhs1.12 and Dhs1.02, respectively.