ADX closes Thursday in red on real estate, banks

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) saw a negative performance on Thursday, dragged down by the fall of six sectors led by real estate and banks.

The main index fell 0.75% or 33.80 points to reach 4,501.77 points.

The real estate sector led losers with a 2.63% decline as Aldar Properties and Eshraq Properties went down 3.33% and 0.93%, respectively.

The banks sector sank 1.01% after seven stocks topped by National Bank of Umm Al Qaiwain (NBQ) which retreated 9.84%.

On the other hand, the energy sector rose 6.07% as Dana Gas added 7.35%.

The services sector went up 0.12% after Abu Dhabi National Hotels (ADNH) increased 0.32%.

Trading volume reached 369.6 million shares on Thursday, compared to 269.9 million shares on Wednesday. Turnover amounted to AED 490.47 million, compared to AED 312.67 million.

Dana Gas was the most active stock after generating AED 206.91 million from the exchange of 290.19 million shares.

Mubasher Contribution Time: 15-Jun-2017 11:19 (GMT)
Mubasher Last Update Time: 15-Jun-2017 11:27 (GMT)