ADX opens in green on energy, telecom stocks

Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) headed north in Wednesday’s early trades, backed by the energy and telecom sectors.

The general index grew 0.8% or 35.2 points to reach 4,344.23 points by 10:50am UAE time.

The energy sector advanced 1.9% as Dana Gas and TAQA levelled up 1.9% each.

The telecom sector rose 1.4% after Etisalat increased 1.4%.

The banks sector nudged up 0.6% as First Gulf Bank (FGB) grew 1.7%.

The real estate sector went up 0.6% due to an increase in Aldar by 0.7%.

The market saw trading of 103.15 million shares through 759 transactions, with turnover of AED 92.8 million. 

Mubasher Contribution Time: 06-Apr-2016 07:09 (GMT)
Mubasher Last Update Time: 06-Apr-2016 09:14 (GMT)