Dana Surges as Investors See Sukuk Resolution: Abu Dhabi Mover
After Dana Gas PJSC's biggest shareholder announced the possibility for the fuel producer to come to a satisfactory resolution with investors on $1 billion in Islamic bonds maturing next month, the company has surged significantly. The shares soared the highest percentage since February 19th - 4.9%. Abu Dhabi’s benchmark ADX General Index (ADSMI) and the Bloomberg GCC 200 Index (BGCC200) display Dana Gas as the company with the highest trading volume.
More on http://www.bloomberg.com/news/2012-09-19/dana-surges-as-investors-see-su...
Syndicate
