Abu Dhabi- Mubasher: Abu Dhabi’s Index ended Thursday’s trading on the rise, reaching its highest level since October 2015, backed by the telecom, real estate and banking sectors.
The index inched up by 0.93% or 40.88 points to 4,420.51 point, touching its fifth straight rise.
Trading volume fell today to 212.18 million shares which are valued at AED 312.76 million ($85.13 million). In the previous session, it reached 409.29 million shares worth AED 469.4 million ($127.8 million).
The telecom sector increased by 2.55% as the largest-treaded stock Etisalat generated AED 83.5 million.
The banking sector grew 0.40%, supported by NBAD, ADCB and ADIB at growth rates ranging from 3.01% to 0.85%.
Also, the real estate sector rose by 0.33% powered by Aldar Properties which rose 0.4%.
Meanwhile, energy topped decliners as it lost 1.26%, influenced by TAQA fall of 6.25%.
