ADX extends gains to fourth straight week

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) registered the fourth weekly rise in a row.

The main index rose 14.63 points or 0.31% to 4,695.91 points.

Trading values reached AED 1.81 billion compared with AED 1.744 billion a week earlier, while volumes recorded 1.286 billion shares compared with 1.259 million shares a week earlier.

The banking sectors backed the bourse performance today with a 0.6% rise after Abu Dhabi Commercial Bank, Abu Dhab Islamic Bank ended higher 2.14%, 0.78%, and 0.75 respectively.

The investment sector finished 3.25% up on Waha Capital that moved up 3.5%.

On the flipside, the real estate sector fell 0.64% as Al Dar and Ras Al Khaimah decreased by 1.5% and 1.3%, respectively. 

MUBASHER Contribution Time: 19-Jan-2017 15:16 (GMT)
MUBASHER Last Update Time: 19-Jan-2017 15:16 (GMT)