Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index saw its lowest level in nine months.
The general index shed 1.46%, or 63.19 points, to 4,263.6 points.
The decrease of the trading value on the market, as well as geopolitical factors and the situation in Yemen dragged down the general index, capital market analyst Ali Zahran told Mubasher.
The ADX's trading volume reached 50 million shares, generating AED 101 million through 961 transactions.
A total of 21 stocks tumbled, while four increased and four stabilised.
All sectors declined on Tuesday, while services sector bucked the trend.
Technically, the market will witness recovery soon, Zahran added.
Julphar led the ADX’s losers, falling 8.1% to AED 2.27 after 510 shares were traded.
Dana Gas was the most active stock in terms of volume, with 12 million trade shares, losing 2.82% to AED 0.69.
Al Qudra Holding, the newcomer on the second market, shed 2.44% to AED 1.2 after 9.5 million shares were traded.
Aldar Properties, Etisalat, and First Abu Dhabi Bank (FAB) levelled down 2.24%, 1.81%, and 0.98%, respectively.
