Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Wednesday in red, weighed down by leading stocks.
The Abu Dhabi General Index (ADI) dropped 0.2% or 9.02 points to 4,455.09 points.
ADI continues to fluctuate, with no signs of a stable direction in the near future, due to the absence of stimuli, VP of Camco Raed Diab said.
Etisalat’s stock and other major stocks negatively influenced the index, Diab noted.
The telecommunications sector declined 0.28%, as Etisalat’s stock fell with the same percentage.
The banks sector also slid 0.26%, after First Abu Dhabi Bank went down 0.48%
As for trading activity, 93.4 million shares traded, through 878 transactions, generating AED 113.5 million.
Dana Gas’s stock had the best trading activity, with 51.9 million shares traded, worth AED 40.9 million.
