Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index grew by 80.29 points, or 1.58%, to 5,156.18 points in January 2020, boosted by First Abu Dhabi Bank (FAB) which added 1.44%.
Market capitalisation rose to AED 537.09 billion over the month, compared to AED 521.37 billion in the previous month.
The real estate sector increased by 3.91%, while the banking sector added 1.09%. On the other hand, the telecom sector declined by 1% and the energy sector shed 2.22%.
Abu Dhabi Islamic Bank surged 7.41% in the first month of the year, whereas Aldar Properties and Adnoc Distribution levelled up by 3.7% and 2.62%, respectively.
At the other end of the spectrum, Taqa dropped 8.62%, Dana Gas plummeted 3.4%, Abu Dhabi Commercial Bank shed 2.4%, and Etisalat shrank 1.22%.
