ADX General Index Falls 0.20%, Etisalat 0.46% Higher

By Yomna Yasser On May 13, 2012

The Abu Dhabi Securities Exchange (ADX) General Index slipped 0.20% to 2,473.51 points.

The UAE’s first telco operator Emirates Telecommunications Corp – Etisalat (ETISALAT:UH) and the sixth largest GCC firm by market capitalisation, added 0.46% to close at Dhs8.70 ($2.37).

Shares of Gulf Cement Co PSC (GCEM:UH) Company gained the most, ending 7.27% higher at Dhs1.21 ($0.33).

Abu Dhabi National Energy Co. (TAQA:UH) dived 3.13% to hit Dhs1.17 ($0.32).

Six stocks fell, six ended even and 14 declined. Some 51 million stock were traded, valued at Dhs94 million ($25.60).