Wednesday, 25 April 2012

STOCKS NEWS MIDEAST-Bank earnings boost Abu Dhabi index - Yahoo! News UK

Abu Dhabi's heavyweight banks end higher after posting estimate-beating earnings, lifting the emirate's bourse, while light profit-taking weighs on Dubai's index.
National Bank of Abu Dhabi (NBAD) climbs 0.9 percent. The bank posted a 12 percent increase in quarterly
profit.Abu Dhabi Commercial Bank gains 2.2 percent. Its quarterly numbers also beat estimates.
Aldar Properties and Sorouh Real Estate climb 1.8 and 0.9 percent respectively.

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