Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) opened in the green in Thursday’s mid-session, backed by the banks, real estate and energy sectors.
The general index rose 1.31% or 53.27 points to reach 4,118.41 points by 12:40pm UAE time.
The UAE markets are expected to continue their upward trend after the US Federal Reserve raised interest rates for first time since 2006, analysts told Mubasher.
The banks sector added 2.39% due to an increase in First Gulf Bank and Abu Dhabi Commercial Bank by 4.27% and 1.55%, respectively.
The real estate sector advanced 2.31% after Aldar Properties levelled up 2.71% to be the value leader.
The energy sector went up 0.47%, backed by TAQA which grew 2.38%.
