ADX breaks losing streak, ends Thursday in green

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Thursday, the last trading session in the week, on a high note, breaking three straight sessions of declines.

The general index grew 0.96%, adding 46.30 points and closing at 4,876.68 points. Turnover amounted to AED 411.258 million after 183.789 million shares changed hands through 1,783 transactions.

The banks sector increased 1.78%, bolstering the index, after First Abu Dhabi Bank (FAB) and Abu Dhabi Commercial Bank (ADCB) gained 2.47% and 1.12%, respectively.

The energy sector added 1.38% after ADNOC Distribution rose 2.22%, while real estate sector was up 0.60% after Aldar Properties levelled up 1.28%.

On the other hand, the telecom sector and its sole stock Etisalat declined 0.82% each.

FAB was the most active in terms of turnover with AED 38.103 million, while Wahat Al Zaweya’s stock registered the highest traded volume with 12.06 million shares exchanged.

Mubasher Contribution Time: 06-Dec-2018 11:30 (GMT)
Mubasher Last Update Time: 06-Dec-2018 11:30 (GMT)