Complex Made Simple

Taqa finds new momentum despite sluggish market sentiment

The Abu Dhabi measure ADXGI declined 0.18% to 2,460.36 points, as developers Aldar Properties and Sorouh Real Estate fell further (off 0.92% and down 1.93%, respectively). Sharjah Islamic Bank ended as top gainer (up 2.33%). Abu Dhabi National Energy or Taqa gained 1.69% to reach Dhs1.19 after the share bottomed out at Dhs1.17. Around 28m shares were traded, valued at DhsDhs39.1m.