Abu Dhabi-Mubasher: The Abu Dhabi Securities Exchange (ADX) ended Tuesday’s session on a negative note, on the back of the blue chips, led by the banks and real estate sectors.
The general index fell 1.59% or 72.8 points to reach 4,507.35 points.
Trading volume reached 49.35 million shares on Tuesday, compared to 41.6 million shares on Monday. Turnover stood at AED 150.37 million, compared to AED 155 million yesterday.
The banks sector went down 2.06%, on the back of Abu Dhabi Commercial Bank (ADCB) and First Gulf Bank (FGB) which lost 2.59% and 2.9%, respectively.
The real estate sector deepened the market’s losses after decreasing 1.93%, affected by Aldar Properties which retreated 2.13%.
The energy sector declined 1.42%, after Dana Gas fell 1.75%.
The telecommunication sector and its stock Etisalat shed 0.75%.
FGB was the most active stock in terms of turnover with AED 34.13 million, while Eshraq Properties was the most active in traded volume after 12.83 million shares were exchanged.
Al Khazna Insurance was the only gainer rising 7.5% to lead the insurance sector up 0.16%.