Abu Dhabi - Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index went down for the fifth successive session, weighed by selling pressure.
The general index fell 1.14% or 50.56 points to close at 4,360.6 points after breaking the 4,400-point support for the first time since 29 September.
The real estate sector sank 2.3% after Eshraq Properties tumbled 4.11%, while the telecommunications sector and its stock Etisalat decreased by 1.4% each.
The ADX’s trading volume increased to 113.94 million shares, from 68.6 million shares on Tuesday, while the market’s liquidity rose to AED 202.42 million compared to AED 155.2 million in the previous session.
First Abu Dhabi Bank (FAB) levelled down 1.45% and led the market in terms of trading value, with a turnover of AED 56.78 million after 5.56 million shares were traded.
