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Abu Dhabi’s Insurance House jumps on debut

The ADX General Index lost 0.66% to 2,757.12 points. Shares of Insurance House were the only gaining securities as the real estate and insurer marked its first day of trading. Insurance House almost doubled to Dhs2 during the first hours of trading, Bloomberg reported, and eventually closed at Dhs1.05. With its IPO in March, Insurance House raised $18m. Aldar dived 2.14% to Dhs1.38.