Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) saw a negative performance in Thursday’s early trades, weighed down by the fall of telecom, energy and banks sectors.
The main index fell 0.95% or 41 points to reach 4,282.46 points.
Turnover reached AED 323.66 million on Thursday, its highest liquidity level in five months, compared to AED 323.66 million achieved on Wednesday. Trading volume stood at 424.93 million shares, compared to 254.721 million shares.
Eshraq Properties generated AED 317.049 million, accounting for 61% of the market’s liquidity.
The telecom sector led losers after falling 2.44% as Etisalat decreased 2.44%. The energy sector retreated 1.16% as TAQA sank 5%.
The banks sector went down 0.4% after Abu Dhabi Commercial Bank (ADCB) and First Gulf Bank (FGB) decreased 2.18% and 0.42% respectively.
On the flipside, the real estate sector added 0.13% as Eshraq Properties climbed 12.1%.
