Sunday 25 December 2011

Aldar Advances Most in 2 Months as Board Affirms Share-Listing Commitment - Bloomberg

Aldar Properties PJSC (ALDAR) headed for the biggest gain in almost two months after the board of Abu Dhabi’s biggest developer by market value affirmed its commitment to keep the shares listed on the emirate’s stock market.
The shares climbed 2.4 percent to 85 fils at 10:53 a.m. in Abu Dhabi, poised for the biggest increase since Oct. 30.
The “Aldar board is fully committed to maintaining the company’s listing” on the Abu Dhabi Securities Exchange, the company said in a statement to the bourse.

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