Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index added 64.49 points or 1.32% to close at 4,947.918 points in the week ended 27 September, backed up by the strength of the selective buying.
The ADX’s trading volume decreased to 143.26 million shares valued at AED 533.26 million from 989.75 million shares and AED 296.29 million in turnover registered last week.
Etisalat’s stock led the ADX’s gainers, rising 4.9% to reach AED 16.7 during the week, while Aldar Properties was the markets’ second top riser, adding 2.8% to AED 1.83.
The energy sector soared 1.91%, as ADNOC Distribution grew 0.54% simultaneously with the rising oil prices.
The banking sector also gained 0.28%, as Abu Dhabi Islamic Bank (ADIB) increased 0.8% on the back of launching the rights issue for its capital hike and the recent listing of one of its subsidiaries on the Dublin Stock Exchange.
