Abu Dhabi-Mubasher: The Abu Dhabi Securities Exchange (ADX) saw a bearish performance on Wednesday, weighed down by the fall of the real estate and banks sectors.
The general index lost 0.13% or 5.64 points to reach 4,497.85 points.
The real estate sector slid 1.14% after Eshraq Properties and Aldar Properties levelled down 1.27% and 1.08% respectively.
Union National Bank (UNB) was the value leader after generating AED 17.835 million.
The banks sector slid 0.1% due to a decline in First Gulf Bank (FGB) by 1.58%. However, Abu Dhabi Commercial Bank (ADCB) and National Bank of Abu Dhabi (NBAD) gained 2.75% and 1.63% respectively, thus trimming the sector’s losses.
On the flipside, the energy sector advanced 1.16% as TAQA climbed 5.77%.
Trading volume increased to 34.42 million shares on Wednesday, compared to 29.03 million shares on Tuesday. Likewise, turnover grew to AED 97.94 million, compared to AED 78.35 million.
