ADX ends August in green as banks rise

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index gained 2.62% to close August at 4,859 points on the back of the banks sector, which levelled up 6.19% after First Abu Dhabi Bank (FAB) soared 8.82%.

Meanwhile, the investment sector added 2.55%, while the consumer staples sector grew 1.27% and the services sector levelled up 0.41%.

On the other hand, the real estate sector lost 5.31%, as Aldar Properties declined 4.93%.

The telecommunication sector and its only stock, Etisalat, decreased by 2.31% each.

The energy sector sank 0.32%, as Taqa dropped 6.61%.

Over the month, the ADX’s trading volume reached 597.7 million shares, while the market’s liquidity recorded AED 2.193 billion.

Mubasher Contribution Time: 30-Aug-2018 15:36 (GMT)
Mubasher Last Update Time: 30-Aug-2018 15:39 (GMT)