Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Thursday’s trading session in positive territory, supported by the growth of the banks, real estate and telecommunication sectors.
The general index inched up by 2.67 points, or 0.05%, closing the last session of the week at 4,985.30 points.
The ADX’s trading volume reached 21.319 million shares exchanged with a turnover of AED 140.43 million through 1,380 transactions.
The real estate sector topped risers with 0.68% as Eshraq Properties and Aldar Properties grew 1.71% and 0.65%, respectively.
Similarly, the telecommunication sector and its sole stock, Etisalat, went up 0.36% each, while the banks sector inched up 0.08% due to Abu Dhabi Islamic Bank’s (ADIB) 1.20% increase.
On the negative side, the consumer staples sector headed the losers falling 2.01% after Abu Dhabi Aviation dipped 9.14%, while the energy sector retreated 1.11% as ADNOC Distributions went down 2.61%.
By the end of the session, First Abu Dhabi Bank’s (FAB) stock led the ADX in terms of liquidity with AED 56.59 million, while Dana Gas’s stock spearheaded the market in terms of trading volume with 4.86 million shares.
