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Air Arabia makes biggest gain since Dec-2009; Jazeera Airways and 1time soar; Lonrho flat

Analysis

Air Arabia (+4.5%) made its biggest gain since Dec-2009 on Thursday (22-Apr-2010), after HSBC Holdings raised its rating of the carrier's shares from 'Neutral' to 'Overweight'. The analysts also raised its price target to AED1.15. The carrier closed trading at AED0.96.

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