Abu Dhabi – Mubasher: Aldar Properties’ stock has dominated 55% of the Abu Dhabi Securities Exchange’s (ADX) liquidity early Tuesday following the announcement of its landmark partnership with India’s ANAROCK Group.
This came following the company’s announcement of generating AED 420 million in sales from the first phase of its latest development Alreeman II in Abu Dhabi yesterday.
By 11:40 am UAE time, around 2.323 million shares were traded on the stock at a turnover of AED 4.378 million.
Meanwhile, the ADX’s trading volume stood at nearly 4.250 million shares at a turnover of AED 17.559 million.
Aldar shed 2.11% to AED 1.88 from AED 1.90 on Monday.
Moreover, the ADX’s general index slipped 0.85% to 4,972.46 points.
Earlier this morning, Aldar Properties revealed it entered a strategic partnership with ANAROCK Group to provide Indian investors with direct access to Aldar’s portfolio of world-class destinations across Abu Dhabi.
