Shares in Abu Dhabi lost ground yesterday, following lower profit reported for the third quarter by Waha Capital and RAK Ceramics. Dubai shares fell slightly on an otherwise positive day across the region, as global equities stabilised following Donald Trump’s victory in the US presidential election. The Abu Dhabi Securities Exchange General Index closed 0.9 per cent lower at 4,282.46, thanks to a second consecutive day of falls by bellwether Etisalat. Shares in Waha Capital fell by 2.7 per cent to Dh1.80, after the investment group announced a 30.6 per cent fall in third-quarter profit. RAK Ceramics fell 8.7 per cent to a three-year low of Dh2.42, after the company reported an 85 per cent drop in third-quarter profits. Eshraq Properties, meanwhile, closed up 12 per cent at an 18-month high of Dh1.02, following the developer’s announcement of a Dh750 million investment in a series of projects in Dubai and Abu Dhabi. The Dubai Financial Market opened more than 1 per cent higher but drifted lower throug the day, closing 0.1 per cent per cent lower at 3,274.06, on the index’s busiest day of trading in seven months. Emaar Properties and Emaar Malls dragged the index lower, shedding 1 per cent and 2.3 per cent, respectively. Trading in Dubai was dominated by Amanat Holdings, with 182 million shares in the investment group changing hands in the day. The company’s shares closed up 6.9 per cent at 92.7 fils, the highest level since June. Shares in Saudi Arabia continued their recent gravity-defying run, closing up 2.3 per cent per cent at 6,528.05, their highest level since late July. jeverington@thenational.ae Follow The National's Business section on <a href="https://twitter.com/Ind_Insights">Twitter</a>