By: Enas Bahgat
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Thursday in red, pressured by the sales of many stocks, led by First Abu Dhabi.
The general index declined 0.7% or 31.67 points to 4,467.72 points.
The banks sector dropped 1.39%, dragged down by Bank of Sharjah with 3.15%, First Abu Dhabi with 1.9%, United Arab Bank with 1%, and Abu Dhabi Commercial with 0.69%.
On the other hand, telecommunications rose 0.28%, as Etisalat’s stock hiked by the same percentage.
The real estate also went up 0.13%, on the back of Eshraq with 1.28%.
Turnover hiked to AED 142.4 million from AED 106.2 million, while trading volume declined to 52.8 million shares, through 906 transactions, versus 81.1 million shares on Wednesday.
Dana Gas was the most active in terms of trading volume, with 13.3 million shares, while First Abu Dhabi achieved the highest turnover of AED 66.56 million, through 213 transactions.
Translated by: Mohammad Shokhba
