ADX closes Sunday in red

By: Mahmoud Gamal

Abu Dhabi - Mubasher: The Abu Dhabi Securities Exchange (ADX) ended Sunday’s trading session in the red zone, losing 0.44% or 20.09 points, closing at the level of 4499.74 points.

The main index was dragged down by the rush of some investors to gain profits from blue chip stocks, led by Etisalat and Aldar, financial analyst Gamal Abdelhamid told Mubasher.

The banking sector declined 0.68%, as First Gulf Bank (FGB) lost 0.83%, while the energy sector fell 0.28% as Dana Gas dropped 1.79%.

 Similarly, the telecom and real estate sectors decreased 0.25% and 0.04% respectively.

On the other hand, the investment sector rose 1%, as Waha Capital gained 1.04%.

Total traded volume increased today to 54.44 million shares compared to 43.18 million on Thursday, while total turnover decreased AED 68.78 million from AED 99.51 million in the last session.

 

Translated By: Moslem Ali

 

MUBASHER Contribution Time: 28-Aug-2016 11:32 (GMT)
MUBASHER Last Update Time: 28-Aug-2016 11:32 (GMT)