Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index inched down 1.56%, or 0.03%, to close at 4,597.66 points on Wednesday on the back of the telecommunication and the real estate sectors.
The telecommunication sector and its only stock Etisalat shed 1.15% each.
The ADX’s trading volume increased to 51 million shares from 45.5 million on Tuesday, while the market’s liquidity surged to AED 175 million, compared to AED 150.26 million in the previous session.
The real estate sector lost 0.38% after Eshraq Properties and Aldar Properties sank 1.35% and 0.46%, respectively.
On the other hand, the energy sector grew 0.9% after TAQA soared 2.56% and ADNOC Distribution rose 1.51%.
The banks sector went up 0.47%, as First Abu Dhabi Bank (FAB) gained 0.87%.
FAB topped the market in terms of liquidity, with a turnover of AED 69.88 million, while RAK Properties was the most-actively traded stock in terms of volume, with 8.8 million traded shares.
