Abu Dhabi shares advanced for the third consecutive session yesterday, while Dubai was the only GCC equity market to close lower.
The Abu Dhabi Securities Exchange General Index closed up 0.3 per cent at 2,766.63, propped by gains in telecommunications and banking stocks.
Etisalat, the country's largest telecoms operator, rose 1.7 per cent on news that the firm is considering plans to enter six new markets through acquisitions and bidding for licences. Etisalat shares have risen 7 per cent this week. First Gulf Bank advanced 1.8 per cent, while Waha Capital added 3.4 per cent.
"Etisalat and FGB are heavyweights in Abu Dhabi," said Chahir Hosni, the equity sales manager at EFG-Hermes in Dubai. "Their movement up or down affects the index performance. [But] if you look at the rest of the market, it was pretty much down." RAK Bank and Aldar Properties were among the major losers, down 8.1 per cent and 2.3 per cent respectively on modest volumes.
The Dubai Financial Market General Index gave up some of the gains from the past two sessions and ended 0.2 lower at 1,625.99.
Emaar Properties closed 1.3 per cent down while Arabtec Holding declined 1.4 per cent. Shuaa Capital, the country's largest investment bank, shed 3.4 per cent.
Elsewhere in the region, Muscat stocks led the gainers, closing up 0.8 per cent, followed by Kuwait with a 0.4 per cent rise. Bahrain and Qatar's indexes advanced 0.2 and 0.1 per cent, respectively. The Saudi stock market was closed for the weekend.
skhan@thenational.ae
Emirates Cricket Board Women’s T10
ECB Hawks v ECB Falcons
Monday, April 6, 7.30pm, Sharjah Cricket Stadium
The match will be broadcast live on the My Sports Eye Facebook page
Hawks
Coach: Chaitrali Kalgutkar
Squad: Chaya Mughal (captain), Archara Supriya, Chamani Senevirathne, Chathurika Anand, Geethika Jyothis, Indhuja Nandakumar, Kashish Loungani, Khushi Sharma, Khushi Tanwar, Rinitha Rajith, Siddhi Pagarani, Siya Gokhale, Subha Srinivasan, Suraksha Kotte, Theertha Satish
Falcons
Coach: Najeeb Amar
Squad: Kavisha Kumari (captain), Almaseera Jahangir, Annika Shivpuri, Archisha Mukherjee, Judit Cleetus, Ishani Senavirathne, Lavanya Keny, Mahika Gaur, Malavika Unnithan, Rishitha Rajith, Rithika Rajith, Samaira Dharnidharka, Shashini Kaluarachchi, Udeni Kuruppuarachchi, Vaishnave Mahesh
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
'THE WORST THING YOU CAN EAT'
Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.
Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines:
Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.
Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.
Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.
Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.
Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
The bio
Studied up to grade 12 in Vatanappally, a village in India’s southern Thrissur district
Was a middle distance state athletics champion in school
Enjoys driving to Fujairah and Ras Al Khaimah with family
His dream is to continue working as a social worker and help people
Has seven diaries in which he has jotted down notes about his work and money he earned
Keeps the diaries in his car to remember his journey in the Emirates
