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ADX sheds 11 pts early Monday

ADX sheds 11 pts early Monday
London High Court declined all Dana Gas’ requests and arguments with regard to the Sukuk Case
Waha Capital
OILC
-2.56% 1.52 -0.04
Dana Gas
DANA
1.72% 0.65 0.01

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) performance was at odds with some important news related to Dana Gas and Waha Capital reported on Monday.

London High Court declined all Dana Gas’ requests and arguments with regard to the Sukuk Case; however, the company’s stock added 1.73% to AED 0.74 after 100,000 of Dana’s shares were traded.

Meanwhile, Waha Capital’s shareholders stood against the recommended dividends, which weighed on the stock, leading it to drop 4.55% to AED 1.23, with 2.5 million traded shares.

The ADI shed 11.3 points, or 0.25%,  to 4,571 points.