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AME ADX market

Etisalat slips after releasing annual results for 2013

: Wednesday, March 05 - 2014 @ 16:22

The Abu Dhabi Securities Exchange General Index (ADXGI) advanced by 0.36 per cent to close at 4,938.07 points on Wednesday, March 5. Fish producer Asmak jumped by 12.71 per cent to AED10.20. The shares of Emirates Telecommunication Corporation (Etisalat) declined by 0.35 per cent to AED12. In 2013, the firm achieved a net profit of AED7.1 billion ($1.936bn), up by five per cent year on year, the firm said on Tuesday, March 4. RAK Properties was the most liquid share, ending 2.54 per cent lower at AED1.15.

Gérard Al-Fil

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Wednesday, March 5- 2014 @ 16:22 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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