Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) witnessed a bullish performance in Wednesday’ early trades, spurred by the increase of banks and telecom sectors.
The main index rose 2.03% or 84.74 points to stand at 4,265.57 points by 10:30am UAE time.
The banks sector was the best performer with a 2.6% increase as Union National Bank (UNB), Abu Dhabi Commercial Bank (ADCB) and First Gulf Bank (FGB) grew 11.5%, 8.5% and 1.7% respectively.
The telecom sector levelled up 2.3% as Etisalat gained 2.3%. The real estate sector also went up 1.39% after Aldar Properties rose 1.64%.
Turnover reached AED 82.42 million after trading 53.63 million shares through 496 transactions.