Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) has dropped to its lowest level in a month at Thursday’s close, pressured by the banks, the telecommunication, and the real estate sectors.
The ADX’s general index fell 71.14 points, or 1.39%, finishing the session at 5,052.80 points.
Trading volume amounted to 34.562 million shares exchanged through 1,905 transactions at a turnover of AED 156.988 million.
The banks sector declined by 1.84% as First Abu Dhabi Bank (FAB) slipped 0.64%, while the telecommunication sector and its sole stock, Etisalat, fell by 1.11% each.
Similarly, the real estate sector dropped by 1.01% as Aldar Properties lost 2.89%.
On the other hand, the energy sector added 1.04% on the back of Dana Gas which edged up 0.10%.
The services sector was the biggest decliner with a 3.64% decrease as Abu Dhabi National Hotels plummeted 7.41%.
FAB was the most actively traded stock with a turnover of AED 50.64, while Dana Gas was the most active stock in terms of trading volume with around 6.55 million shares.
