Complex Made Simple

Aldar Properties stabilises above one Dirham per share

The Abu Dhabi bourse ADX added 0.04% to finish at 2,483.29 points. Leasing specialist Waha Capital gained the most, closing 5.45% higher at Dhs0.58. Aldar Properties was the most liquid shares and added 1.94% to reach Dhs1.05. At the end of last week, Aldar reported a Dhs144m net profit for the third quarter. Aldar's nine-month profit reached 460.4m, compared to a net loss of 1.52bn during the same period in 2010.