Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) succeeded in closing in the green on Wednesday on the back of real estate and energy shares, despite losing some of its gains from earlier in the session amid pressures from the banking sector.
The general index added 0.15% or 6.77 points and closed at 4,590.47 points. Traded volume increased to 350.61 million shares from 105.3 million on Tuesday, while turnover surged to AED 449.32 million from AED 186.92 million. A total of 3,601 transactions were executed today.
The energy sector led risers, adding 2.91% as TAQA leaped 4.29%, while Dana Gas gained 2.27%. The real estate sector increased 2.17% as Eshraq and Aldar gained 3.7% and 2.15%, respectively.
On the other hand, the banking sector reduced the ADX’s gains after falling 0.22% as the National Bank of Abu Dhabi, Abu Dhabi Islamic Bank (ADIB) and First Gulf Bank (FGB) retreated 1.36%, 0.39% and 0.33%, respectively.
The real estate sector was the most active in terms of turnover, reaching AED 318.82 million as Eshraq and Aldar traded for AED 155.22 million and AED 142.07 million, respectively.
