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25/01/2011 00:00 AST
The local stock market ADX in Abu Dhabi dipped 0.13% to close at 2,670.59 points. Shares of Waha Capital surged 1.25% to reach Dhs0.81. Earlier in the day Waha reported a 15% increase in unaudited net profits for the 12-month period ending December 31, 2010. "Net profits reached Dhs249m, compared to Dhs217m in 2009, while return on equity increased to 12.2%, from 11.6% in 2009", the company's statement to the ADX says. Real estate heavyweight Aldar Properties plummeted 5.24%, finishing at Dhs1.81. Aldar today sent invitations to its shareholders regarding the Extraordinary General Assembly in order to get approval for the issuance of a Dhs3.5bn convertible bond, among other measures to secure the firm's financial future. The EGM will take place on February 20 in the Crowne Plaza Hotel on Yas Island in Abu Dhbai.
AME Info
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
ADX 4,608.97
23.76 (0.52
DFM 3,091.15
-9.24 (-0.30
Ticker | Price | Change |
---|---|---|
EMIRATESNBD | 10.65 | 0.05 (0.47 |
EIB | 9.50 | 0.00 (0.00 |
EMAAR | 5.61 | -0.03 (-0.54 |
EMAARMALLS | 2.16 | 0.00 (0.00 |
DIB | 5.30 | 0.00 (0.00 |
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