Complex Made Simple

RAK Cement Company returns to profits

The Abu Dhabi market gauge ADXGI advanced 0.62% to reach 2,485.51 points. Real estate bellwether Aldar Properties was the most acive share by volume and gained 0.90% to close at Dhs1.11. Ras al-Khaima (RAK) Cement Company ended flat at Dhs0.67. Earlier in the day RAK Cement said it achieved a net profit of Dhs8.5m in the first six months of 2012, after suffering a loss of Dhs4.9m in the same period last year.