Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Thursday in the red, pressured by its leading stocks particularly banks and telecoms.
The general index fell 0.91% or 41.67 points and closed at 4,552.49 points.
Turnover dropped to AED 77.43 million on Thursday from AED 129.19 million on Wednesday, while traded volume increased to 63.51 million shares exchanged against 47.63 million shares.
The banks sector led losers, falling 1.18% after the National Bank of Ras Al Khaimah retreated 6.45%, followed by First Abu Dhabi Bank and Union National Bank with 1.83% and 0.87%, respectively.
The telecom sector and its stock Etisalat lost 0.82% each, while Aldar Properties led the real estate sector’s decliners, shedding 0.42%.
Dana Gas was the most actively-traded stock on the ADX on Thursday, with 35.8 million shares traded at turnover of AED 23.51 million.
