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TAQA shares hit nine-month low

: Wednesday, March 26 - 2014 @ 18:54

The Abu Dhabi Securities Exchange General Index (ADXGI) advanced 0.39 per cent to 4,830.78 points on Wednesday, March 26. Foodco hit a limit-up, closing 15 per cent higher at AED3.45. Abu Dhabi National Energy Company (TAQA) plummeted by another 6.35 per cent to AED1.18, the lowest level since June 2013. Earlier in the week, TAQA revealed that it suffered a net loss of AED2.390 billion ($651m) in 2013, down from a net profit AED106m ($28.90m).

Gérard Al-Fil

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Wednesday, March 26- 2014 @ 18:54 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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