ADX moves higher 0.12% triggered by banking sector

Abu Dhabi-Mubasher: The Abu Dhabi Securities Exchange (ADX) ended in green zone on Wednesday fueled by the banking sector, ignoring the losses of each of the energy and telecom sectors, amid high liquidity.

The market’s general index added 0.12% or 5.32 points to 4,439.11 points.

The market trading values surged to AED 188.418 million compared with AED 118.50 million for the previous session, with 45.62 million shares changed hands.

The banking sector went up 0.55% on the gains of the First gulf Bank as it added 1.27%, as well as Abu Dhabi National bank as it rose 0.11%.

First gulf Bank topped today’s trading values with AED 56.5 million.

On the negative front, the energy sector lost 2.13% as the stocks of Taqa and Dana Gas dropped 3.57% and 1.75% respectively.

MUBASHER Contribution Time: 10-Aug-2016 11:40 (GMT)
MUBASHER Last Update Time: 10-Aug-2016 11:40 (GMT)