Abu Dhabi market consolidates above 5,000 points
The ADX General Index closed up by 1.23 per cent at 5,068.27 points on Wednesday, April 9. The gauge has gained more than 72 per cent in the past 12 months. RAK Properties gained the most, ending 6.25 per cent higher at AED1.36 and Aldar Properties finished 2.06 per cent higher at AED3.96. The investment community is currently looking ahead to the coming Cityscape Abu Dhabi conference, which will take place from April 22 to 24, 2014, because new projects will be announced at the event. Al Wathba National Insurance plummeted by 9.86 per cent to AED4.57. Fifteen shares advanced, while ten declined in value.