Abu Dhabi – Mubasher: The benchmark index of the Abu Dhabi Securities Exchange (ADX) closed Thursday’s trading session on negative note for the second straight session, pressured by the energy, telecommunications, and banks sectors.
The ADX’s benchmark index fell by 5.75 points, or 0.11%, to close at 5,052.34 points on Thursday.
The energy sector was the top decliner with 2.22% after Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) and Dana Gas retreated 3.21% and 2.22%, respectively.
Meanwhile, the telecommunications sector and its only stock Etisalat fell by 0.36%.
Similarly, the banks sector inched down 0.05% as First Abu Dhabi Bank decreased by 0.67%.
On the other hand, the real estate sector rose by 1.68%, supported by Aldar Properties which advanced 1.75%.
National Bank of Umm Al Qaiwain was the top gainer after adding 14.67%.
The ADX’s turnover amounted to AED 189.94 million with the trading volume reaching 63.11 million shares traded through 1,893 transactions.
Union National Bank accounted for nearly third of the ADX’s liquidity with AED 60.68 million.
The ADX’s market capitalisation lost AED 1.16 billion to AED 512.96 billion on Thursday from AED 514.127 billion on Wednesday.
