Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Tuesday’s trading session in negative territory, after four straight hikes, pressured by the drop of the banks and real estate sectors.
The general index decreased by 15.80 points, or 0.32%, closing the mid-week session at 4,983.42 points.
The ADX’s trading volume reached 31.81 million shares exchanged with a turnover of AED 115.56 million through 1,239 transactions.
The real estate sector topped decliners with 1.95% as Eshraq Properties and Aldar Properties went down 3.48% and 1.95%, respectively.
Similarly, the banks sector plunged 0.39%, dragged down by First Abu Dhabi Bank’s (FAD) 0.68% fall.
On the other hand, the energy sector headed the market’s gainers adding 0.36% as Abu Dhabi National Energy (TAQA) jumped 9.78%.
By the end of the session, FAD’s stock led the ADX in terms of liquidity with AED 40.47 million, while Waha Capital’s stock generated the highest trading volume with 6.63 million shares.
