During the early trading in Abu Dhabi, the share prices of Dana gas picked just from where they left the previous day. And later during the day it reached to its highest level in a month.

At 11:06 am, the share went up by 2.7 per cent to 74 fils. And the reason for this rise is said to be winning of bids by the company to gain rights for exploring oil in 8 blocks across Syria. The information was given by the Deputy Oil Minister Hassan Zainab.

Meanwhile, during the day some 22 million shares of the oil company were traded and was the highest traded volume on the Abu Dhabi Securities Exchange.

This happened at a time when the Abu Dhabi Securities Exchange General Index slipped 0.1 per cent to stand at 2,698.87.

In the market it was the reality stocks that gained the most and added close to 0.06 per cent to the Dubai Financial Market General Index. The index stood at 1,620.87 at the end of the day.

The best performing stock was that of Deyaar Development which added 1.3 per cent to its share meaning 30 fils per share.