Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index lost 61.16 points, or 1.33%, to close at 4,550.59 points on Wednesday, its lowest level in 16 sessions, on the back of the energy, banks, and real estate sectors.
The ADX’s trading volume shrank to 62.86 million shares from 60.9 million on Tuesday, while the market’s liquidity grew to AED 137.16 million, compared to AED 136.7 million in the previous session.
The banks sector dropped 2.42% after Abu Dhabi Commercial Bank (ADCB) and First Abu Dhabi Bank (FAB) tumbled 3.41% and 2.98%, respectively.
The energy sector lost 1.23%, as Eshraq Properties and Aldar Properties sank 1.41% and 1.34%, respectively.
Aldar Properties was the most actively-traded stock on the ADX in terms of volume and value, with 16.83 million traded shares and a turnover of AED 37.3 million.
Meanwhile, the telecommunication sector and its only stock, Etisalat, rose 0.57% each.
International Holdings added 1.38%, pushing up the consumer staples sector to gain 0.3%.
