- Natural Central Cooling +3%
- ADNOC Drilling +2%
- Spinneys Holdings +1.25%
- Al Dar Properties -1.5%
Natural Central Cooling was amongst the biggest risers on the day with shares up by almost 3%. Volumes were slightly elevated but far abnormal and today’s gains see the stock having reversed most of April’s losses.
ADNOC Drilling also edged its way higher ahead of Monday’s quarterly earnings release. Shares added just over 2% on the day but further price action may well be seen after the weekend break.
Al Dar Properties was off 1.5% on the day. This stock typically sees robust volumes, so today’s print towards the bottom end of the recent typical range could be seen as a contributing factor, although downside pressure has been persisting all week despite continued upbeat talk over the outlook for the region’s property market.
And a quick note on Spinneys Holdings which commenced trading on Thursday. Volumes were down by around 80% from the debut session whilst the underlying share price edged 1.25% higher on the day.
