Abu Dhabi – Mubasher: Abu Dhabi Securities Exchange (ADX) saw a bearish performance for the second session in row on Tuesday, pressured by the fall of banks and real estate stocks.
The main index slid 0.58% or 24.91 points to reach 4,264.44 points.
Turnover reached AED 125.825 million on Tuesday, compared to AED 143.51 million on Monday. Trading volume stood at 79.56 million shares, compared to 52.08 million shares.
The banks sector declined 1.56% as First Gulf Bank (FGB), National Bank of Abu Dhabi (NBAD) and Abu Dhabi Commercial Bank (ADCB) fell 3.2%, 1.39% and 0.49% respectively.
The real estate sector retreated 1.05% after Eshraq Properties and Aldar Properties levelled down 1.28% and 1.1% respectively.
On the other hand, the energy sector rose 1.82% as Dana Gas and TAQA went up 1.85% and 1.72% respectively. Similarly, the telecom sector also increased 0.77% as Etisalat grew 0.77%.
First Gulf Bank (FGB) was the value leader after generating AED 30.65 million.
The industrial sector also grew 3.09% due to an increase in Arkan Building Materials by 14.46%.
