RAK Ceramics results fail to convince Abu Dhabi bourse
The Abu Dhabi exchange index ADXGI added 1.10 per cent to hit 4,997.59 points on Monday, August 11.
Abu Dhabi Fish Farm Holding gained the most, finishing 9.40 per cent higher at AED7.35.
RAK Ceramics lost 2.70 per cent to reach AED3.25. While the firm’s half-year net income climbed slightly to reach AED151.3m, net profit for Q2 declined by 4.15 per cent to AED93.27 million ($25.43m). Eighteen shares advanced, while seven declined in value.