ADX opens higher on telecom sector

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) continued its gains in Wednesday’s early trades, spurred by the growth of four sectors topped by telecom.

The general index advanced 0.53% or 21.37 points to reach 4,290.71 points by 10:20am UAE time.

The telecom sector topped gainers with a 1.04% rise, backed by Etisalat which went up 1.04%.

The real estate sector also increased 0.53% after Aldar Properties gained 0.76%. The banks sector also levelled up 0.39% as First Gulf Bank (FGB) grew 0.9%.

Turnover reached AED 6.78 million after trading 4.82 million shares through 107 transactions.

Mubasher Contribution Time: 19-Oct-2016 06:52 (GMT)
Mubasher Last Update Time: 19-Oct-2016 06:52 (GMT)