Abu Dhabi – Mubasher: The stock of Abu Dhabi National Energy (TAQA) fell by 4% to reach AED 0.49 on Thursday, by 12:10 pm UAE time, following the company’s disclosure of its quarterly income statements.

About 864,300 shares of TAQA were traded at a value of nearly AED 429,640.

The main index of the Abu Dhabi Securities Exchange (ADX) retreated by 0.49% or 22.16 points to reach 4,534.23 in line with the decline of TAQA’a stock.

TAQA has achieved a profit of AED 288 million ($78.39 million) in the second quarter of 2017 against losses of AED 373 million ($101.5 million) in the same quarter a year ago.