Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) opened Thursday’s early trades in the red zone, pressured by the fall of banks and telecom sectors.
The main index fell 3.08% or 141.30 points to reach 4,449.46 points by 10:45am UAE time.
The banks sector sank 5.3% as First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD) retreated 9.06% and 5.6%, respectively.
The telecom sector levelled down 0.56% after Etisalat lost 0.56%.
The real estate sector slid 0.32% as Manazel Real Estate and Aldar Properties decreased 1.7% and 0.4%, respectively.
Turnover amounted to AED 25.41 million after trading 19.41 million shares through 254 transactions.
Eshraq Properties was the most active stock, generating AED 7.33 million from the exchange of 6.35 million shares.
