ADI sinks 28 pts with lower liquidity Sunday

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index lost 0.6% or 27.77 points to 4,584.56 points on Sunday with lower liquidity.

The ADX’s trading volume shrank to 42.9 million shares from 47.02 million on Thursday, while the market’s liquidity dropped to AED 79.4 million, compared to AED 90.8 million in the previous session.

The telecommunication sector and its only stock Etisalat levelled down 1.41% each.

The real estate sector lost 1.15% after Aldar Properties fell 1.73%, while Eshraq Properties gained 1.33%.

The energy sector sank 0.36% after ADNOC Distribution declined 1.48%, while TAQA rose 1.82%.

The consumer staples sector topped the ADX’s losers, levelling down 2.99% after Agthia dropped 5.07%.

The banks sector went down 0.19%, as Union National Bank (UNB) decreased by 10% and Abu Dhabi Commercial Bank (ADCB) sank 0.41%.

First Gulf Bank (FGB) led the ADX’s in terms of liquidity, with a turnover of about AED 15.9 million, while Methaq topped the market in terms of volume, with 12.3 million traded shares.

Mubasher Contribution Time: 04-Feb-2018 12:18 (GMT)
Mubasher Last Update Time: 04-Feb-2018 12:21 (GMT)