Blue chips weigh on ADX Thursday

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) main index closed Thursday in decline after dropping 9.60 points, or 0.19%, to 4,918.32 points, pressured by blue chips. 

The ADX’s trading volume reached 77.9 million, while the market’s liquidity hit AED 173.686 million.

The telecommunications sector and its only stock, Etisalat, declined 1.30%, while the real estate sector levelled down 0.47% after Aldar Properties’ stock inched down 0.52%.

On the other hand, the banks sector increased 0.16% as the stocks of First Abu Dhabi Bank (FAB) and Abu Dhabi Commercial Bank (ADCB) rose 0.43%, and 0.26%, respectively.

The energy sector inched up 0.08% after Dana Gas’ stock levelled up 0.88%.

By the end of Thursday’s trading activities, the ADX lost about AED 1.88 billion ($511 billion) from its market capitalisation value, reaching AED 492 billion, compared to AED 493.843 billion on Wednesday.

Mubasher Contribution Time: 06-Sep-2018 11:15 (GMT)
Mubasher Last Update Time: 06-Sep-2018 11:25 (GMT)