By: Enas Bahgat
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index shed 0.21%, or 9.51 points, to 4,600.4 points on Tuesday.
The ADX’s trading volume shrank to 79.2 million shares from 90 million on Monday, while the Market’s liquidity tumbled to AED 136.8 million through 900 transactions, compared to AED 150.48 million in the previous session.
The energy sector lost 0.92% after TAQA dropped 3.03%, while ADNOC Distribution sank 1.48%.
The banks sector levelled down 0.59% after National Bank of Fujairah (NBF) plunged 10%, while RAKBANK and First Abu Dhabi Bank (FAB) lost 1.04% and 0.87%, respectively.
On the other hand, the investment sector rose 1.3%, as Waha Capital grew 1.4%.
The real estate sector increased by 0.24% after Aldar Properties gained 0.44%.
The companies’ positive results along with their cash dividends boosted the ADX today, Al-Sharhan Centre’s general manager Gamal Agag commented.
Translated by: Muhammad Khalid