Trade Resources Industry Views Abu Dhabi Market Measure ADXGI Slipped by a Quarter Percentage Point to 2, 504.76 Points

Abu Dhabi Market Measure ADXGI Slipped by a Quarter Percentage Point to 2, 504.76 Points

The Abu Dhabi market measure ADXGI slipped by a quarter percentage point to 2, 504.76 points. Ras al-Khaima-based Union Cement Co. Or UCC jumped 9.41% to hit Dhs093. Earlier in the day, UCC said its net profit attributable to owners of the company during the first half-year reached Dhs20.679m, up from 14.903m in the corresponding period the year before. The cost of sales ratio decreased to 81.3% of total sales, down from 94.8%. Shares of Aldar Properties were hit by profit takings, closed off 2.42% at Dhs1.22. Source: uaecement

Source: http://www.uaecement.com/newsDetail.aspx?id=613
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Union Cement Company soars on half-year results
Topics: Construction