Arabtec Holding plummeted in early trading on Thursday after the country's biggest contracting company reported a 15 per cent decline in annual profits.
Arabtec's shares traded dropped 9.9 per cent to trade at Dh2.64 on the Abu Dhabi Securities Exchange.
Net income for the year reached Dh260.5 million, down from Dh307.1 million in the year earlier period.
Dubai's benchmark, the Dubai Financial Market General Index, was up 0.3 per cent to 1613.95 points.
The Abu Dhabi Securities Exchange General Index slipped 0.1 per cent to 2549.28 points weighed by the telecom sector. Etisalat, the country's largest operator, lost 0.4 per cent to Dh9.26. Property stocks rose. Aldar Properties, Abu Dhabi's biggest developer, added 0.9 per cent to Dh1.12. Sorouh, the capital's second biggest, gained 0.9 per cent to Dh1.12.
Elsewhere in the region, Kuwait's measure lost 0.1 per cent 6175.00 points. Bahrain's measure was unchanged at 1157.38 points. Oman's MSM 30 Index was little changed at 5824.84 points. The Saudi Tadawul was closed for the day.
halsayegh@thenational.ae
Surianah's top five jazz artists
Billie Holliday: for the burn and also the way she told stories.
Thelonius Monk: for his earnestness.
Duke Ellington: for his edge and spirituality.
Louis Armstrong: his legacy is undeniable. He is considered as one of the most revolutionary and influential musicians.
Terence Blanchard: very political - a lot of jazz musicians are making protest music right now.
Company%20Profile
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Jigra
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
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COMPANY%20PROFILE
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SPECS
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The specs
Engine: 1.5-litre 4-cylinder petrol
Power: 154bhp
Torque: 250Nm
Transmission: 7-speed automatic with 8-speed sports option
Price: From Dh79,600
On sale: Now
Company%20Profile
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Company%20Profile
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RESULTS
6.30pm Handicap (TB) $68,000 (Dirt) 1,200m
Winner Canvassed, Par Dobbs (jockey), Doug Watson (trainer)
7.05pm Meydan Cup – Listed Handicap (TB) $88,000 (Turf) 2,810m
Winner Dubai Future, Frankie Dettori, Saeed bin Suroor
7.40pm UAE 2000 Guineas – Group 3 (TB) $125,000 (D) 1,600m
Winner Mouheeb, Ryan Curatolo, Nicholas Bachalard
8.15pm Firebreak Stakes – Group 3 (TB) $130,000 (D) 1,600m
Winner Secret Ambition, Tadhg O’Shea, Satish Seemar
9.50pm Meydan Classic – Conditions (TB) $$50,000 (T) 1,400m
Winner Topper Bill, Richard Mullen, Satish Seemar
9.25pm Dubai Sprint – Listed Handicap (TB) $88,000 (T) 1,200m
Winner Man Of Promise, William Buick, Charlie Appleby
Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now