Waha Capital net profit soars, but shares fall

February 4, 2014 2:51 pm

The Abu Dhabi market index ADXGI fell for the second session straight on Tuesday, February 4, and closed 0.36 per cent lower at 4,661.65 points. Waha Capital dived by 5.86 per cent to AED2.73. Earlier in the day, Waha said that its net income in 2013 amounted to AED306.4 million ($83.55m), up by 43 per cent year on year. Abu Dhabi National Hotels recorded the biggest increase, finishing up by 11.11 per cent to AED4. Approximately 261.3 million shares worth AED813.83m changed hands.

Gérard Al-Fil