ADX closes on negative note amid selling spree over leading stocks

Abu Dhabi – Mubasher: The benchmark index of Abu Dhabi Securities Exchange (ADX) erased its early gains to end Wednesday session in red zone amid selling activity over selective stocks.

ADX main index went down 0.26% or 11.85 points to close at 4,467.19 points.

The investment sector topped the market’s sectors declines as it lost 2.08% on the declines of Waha Capital by 2.2%, while the industrial sector came in second place as it eased 0.7%.

The banking sector slide 0.53% as Abu Dhabi Commercial Bank and Abu Dhabi National Bank declined by 2.6% and 1.3% respectively.

ADX witnessed 59.12 million shares changed hands worth AED 92.44 million.

MUBASHER Contribution Time: 21-Dec-2016 11:58 (GMT)
MUBASHER Last Update Time: 21-Dec-2016 11:58 (GMT)