Aldar Properties loses steam after heavy trading session

Published August 9th, 2006 - 08:45 GMT
Al Bawaba
Al Bawaba

UAE’s Aldar Properties lost steam during trading on Tuesday, and recorded only Dh5.5 million worth of transactions.

 

Aldar share-prices fell by 1.46 per cent to close at Dh6.08, according to Gulf News.

 

The stock had been heavily traded in the preceding session and had gained almost 5 per cent in the process.

 

Aldar Properties PJSC was formed in 2004, and later acquired the assets of the Addar Real Estate Services LLC.