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Abu Dhabi Islamic Bank share price underperforms

The Abu Dhabi market index ADXGI slipped 0.35% to close at 2,507.81 points Thursday. This was the day of the developers as Aldar Properties, Sorouh Real Estate and RAK Properties gained 3.45%, 1.90% and six percent respectively. Shares of Abu Dhabi Islamic Bank or ADIB closed unchanged at Dhs3.09. On Wednesday, ADIB said it posted a 2.3% year-on-year increase in group net profit, amounting to Dhs322.6m for the second quarter of 2012. ADIB shares trade at the same level like on January 1 2012. The ADXGI gained 4.34% in the same period.