Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index closed Thursday’s trading session on a negative note for the second session in a row.
The general index tumbled by 157.93 points or 3.83% to close at 3,969.51 points.
A total of 34.62 million shares were traded at a turnover of AED 158.40 million through 2,390 transactions.
The market cap value lost AED 17.02 billion to AED 436.69 billion on Thursday from AED 453.71 billion in the previous session.
The telecommunications, bans, energy, and real estate sector fell by 4.78%, 4.11%, 1.81%, and 1.17%, respectively.
Abu Dhabi National Hotels was among the top losers after sliding by 5%, while Abu Dhabi National Company for Building Materials topped the gainers with 14.04%.
First Abu Dhabi Bank topped the ADX in terms of turnover with AED 51.38 million, while Aldar Properties registered the highest trading volume of 7.15 million shares.
Meanwhile, the blue chip Emirates Telecommunications Group (Etisalat) retreated by 4.78%, while Abu Dhabi Commercial Bank (ADCB) fell by 4.43%.