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TAQA convinces market with H1 results

: Wednesday, August 13 - 2014 @ 17:53

The Abu Dhabi stock exchange index ADXGI advanced by 0.31 per cent to hit 5,003.03 points on Wednesday, August 13.

The shares of Abu Dhabi National Energy Company, better known as TAQA, surged by 2.75 per cent to reach AED1.12. Earlier in the day, TAQA revealed that its net income in H1 2014 surged by 24 per cent, amounting to AED531 million ($144.68m).

The market’s bellwether Emirates Telecommunication Corporation, or Etisalat, closed flat at AED11.45.

Gérard Al-Fil

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Wednesday, August 13- 2014 @ 17:53 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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