ADX rises in week amid lower market cap

Mubasher: The benchmark index of Abu Dhabi Securities Exchange (ADX) edged up by 0.08% or 3.5 points week-on-week to reach 4,521.63 points by the week ended on 20 April.

The market cap lost AED 1.37 billion ($372.92 million) during the week to total AED 467.22 billion ($127.18 billion) from AED 468.59 billion ($127.55 billion) in the previous.

The ADX’s liquidity shrank to AED 610.14 million from AED 791.45 million a week ago, after 299.73 million shares were exchanged this week from 497.12 million in the past week.

The real estate sector led the decliners with a decline of 4.02%, dragged by Aldar properties which lost 4.95%.

Meanwhile, the banks segment topped the gainers with 1.92%, on the back of National Bank of Abu Dhabi which rose by 2.35%.

 

Mubasher Contribution Time: 20-Apr-2017 15:27 (GMT)
Mubasher Last Update Time: 20-Apr-2017 15:27 (GMT)

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