Abu Dhabi – Mubasher: The main index of the Abu Dhabi Securities Exchange (ADX) closed Tuesday’s session falling by 0.46% or 20.54 points to the level of 4,471.68 points.
Trading volume reached 75.87 million shares exchanged at AED 133.02 million through 1,276 transactions.
The energy sector was the worst performer after dropping by 3.23% as Dana Gas shrank 3.6%, the real estate sector retreated 1.36% due to a 1.8% decline in Aldar.
The banks sector also slid 0.46% as First Gulf Bank shrank 1.26%, the telecom sector decreased 0.25% as Etisalat fell by the same percentage.
“ADX declined for the third day in a row due to the fall in blue chips, in conjunction with week oil prices as investors are waiting for the results of the OPEC meeting in Algeria,” Raed Diab, Vice President of Investment Research Department in KAMCO, told Mubasher.
On the other hand, the consumer staples sector grew 3.94%, backed by a 4.65% rise in Agthia.
Sudan Telecommunication led the red list with a 5.45% decrease to AED 0.52, while Gulf Medical Projects headed gainers with a growth of 8%.
Translated by: Elwy el-Manzalawy
