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Sorouh Real Estate tests support-level at one Dirham

The Abu Dhabi equity gauge ADXGI ended its five-day losing streak by declining 0.15% Tuesday, closing at 2,474.97. Market bellwether Emirates Telecommunication or Etisalat fell 0.22% to Dhs9.24. Abu Dhabi's second developer Sorouh Real Estate fell briefly below Dhs0.99 but eventuall closed at Dhs1.01 or off one percent. The share's 2012-high was reached on March 13 after Sorouh and Aldar Properties announced they entered into merger talks. Trading activity at the ADX remained dull but improved compared to the start of July. Around 43m securities were traded, valued at Dhs61.3m.