ADX opens lower on ADNH, UNB

Abu Dhabi-Mubasher: The Abu Dhabi Securities Exchange (ADX) opened Wednesday’s trading session in the red, in line with the fall of Abu Dhabi National Hotels (ADNH) and Union National Bank (UNB).

The main index retreated 0.04% or 1.85 points to reach 4,469.83 points by 10:25am UAE time.

The services sector led losers after falling 1.24% as ADNH slid 3.6%. The banks sector also decreased 0.10% after UNB retreated 2.44%.

On the other hand, the energy sector grew 1.47% as Dana Gas went up 1.85%. The real estate sector climbed 0.13% due to a rise in Manazel Real Estate and Eshraq Properties by 2% and 1.25% respectively.

Turnover reached AED 19.4 million after trading 20.33 million shares through 125 transactions.

Mubasher Contribution Time: 28-Sep-2016 07:08 (GMT)
Mubasher Last Update Time: 28-Sep-2016 07:08 (GMT)