ADX sinks 0.13% Sunday with low liquidity

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index shed 0.13%, or 6.01 points, to 4,585.1 points on Sunday, with a thin liquidity.

The banks sector tumbled to 0.58% after First Abu Dhabi Bank (FAB) lost 0.9%, while Union National Bank (UNB) led the market’s losers, dropping 3.95%.

On the other hand, the real estate grew 0.96% after Eshraq Properties and Aldar Properties added 1.3% and 0.89%, respectively.

The energy sector rose 0.33%, as TAQA gained 1.79%.

The telecommunication sector and its only stock went up 0.28% each.

The ADX’s trading volume shrank to 49.9 million shares from 73.96 million shares on Thursday, while the market’s liquidity more than halved to AED 69.76 million, compared to AED 145.97 million in the previous session.

Waha Capital was the most actively-traded stock on the market in terms of liquidity, with a turnover of AED 8.7 million, while Manazel Real Estate ranked first in terms of volume, with 12.55 million traded shares.

Mubasher Contribution Time: 14-Jan-2018 10:56 (GMT)
Mubasher Last Update Time: 14-Jan-2018 11:00 (GMT)

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