Energy, banks weigh on ADX Sunday

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index lost 27.48 points, or 0.56%, to close at 4,844.55 points on Sunday, dragged down by the energy and banks sectors.

The ADX’s trading volume reached 24.87 million shares, while the market’s liquidity recorded AED 39.97 million.

The energy sector shed 1.77%, as Taqa dropped 5%, while the banks sector declined 0.91% after First Abu Dhabi Bank (FAB) went down 1.07%.

On the other hand, the telecommunication sector and its only stock, Etisalat, grew 0.3%.

The real estate sector rose 0.12% after Aldar Properties increased by 0.52%, while the consumer staples sector gained 2.4%, as Agthia soared 3.96%.

Dana Gas led the ADX in terms of both trading volume and value, with 10.39 million traded shares, generating AED 11.8 million.

Mubasher Contribution Time: 12-Aug-2018 11:36 (GMT)
Mubasher Last Update Time: 12-Aug-2018 11:39 (GMT)

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