3 sectors push ADX down at Tuesday’s close

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) ended Tuesday’s trading session in the negative territory, for the fourth session in a row, pressured by the energy, banks and telecommunication sectors.

The general index fell 14.18 points, or 0.28%, to finish the week’s mid-session at 5,087.34 points.

The ADX’s trading volume reached 33.76 million shares exchanged with a turnover of AED 102.216 million through 1,569 transactions.

The energy sector headed the bourse’s losers with 0.58% on the back of Taqa’s 1.16% drop, while the banks sector declined 0.44% as First Abu Dhabi Bank (FAB) retreated 0.66%.

Similarly, the telecommunication sector and its sole stock, Etisalat, went down 0.24% each.

Meanwhile, the consumer staples sector topped gainers after adding 3.81% due to International Holdings’ 5.32% increase, while the investment sector grew 2.58% as Al Waha Capital rose 2.82%.

Mubasher Contribution Time: 05-Mar-2019 11:26 (GMT)
Mubasher Last Update Time: 06-Mar-2019 11:54 (GMT)