Dana Gas shares break out of range trading

December 8, 2013 8:50 am

The Abu Dhabi market index ADXGI closed 0.23 per cent higher to reach 3,939.64 points on Thursday, December 5. Dana Gas was the most actively traded stock in relation to volumes. The Sharjah-based energy giant jumped by 3.23 per cent, closing at Dhs0.64. National Bank of Abu Dhabi (NBAD) advanced by 0.80 per cent, finishing at Dhs12.60. Earlier in the day, NBAD said that it demanded the Abu Dhabi market suspend the trading of its NBAD subordinated notes (due 2016) in the period from December 9 to December 16 in order to prepare for the payment of interest due on December 15.