ADX continues to fall at open

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) opened Thursday’s early trades in the red, weighed down by the fall of four sectors led by the rise of banks and energy.

The benchmark index fell 0.42% or 18.31 points to reach 4,305.08 points by 10:50am UAE time.

The banks sector was the worst performer after falling 1.25% as First Gulf Bank (FGB) slid 2.5%. Similarily, the energy sector also slid 1.16% as TAQA decreased 5%.

On the other hand, the real estate sector went up 1.22% as Eshraq Properties climbed 10.9%. The telecom sector also gained 0.52% after Etisalat rose 0.52%.

Turnover stood at AED 177.84 million after trading 181.7 million shares through 1,146 transactions.

Mubasher Contribution Time: 10-Nov-2016 07:38 (GMT)
Mubasher Last Update Time: 10-Nov-2016 07:38 (GMT)