ADX reverses upward trend in mid-session

Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) turned to red in Wednesday’s mid-session, dragged by the declined banks sector which overshadowed the energy and real estate sectors’ gains.

The general index declined 0.5% or 20.60 points to reach 4,089.66 points by 12:00pm UAE time.

The market saw trading of 37.633 million shares through 1,027 transactions, with turnover of AED 110 million.  

The banks sector declined 1.11%, weighed by First Gulf (-1.71%), Abu Dhabi Islamic Bank (-1.55%), National Bank of Abu Dhabi (-0.75%) and Abu Dhabi Commercial Bank (-1.77%).

The real estate sector rose 0.38% after Aldar Properties added 0.88%.

The consumer staples sector increased 0.11% as Agthia Group levelled up 0.27%.

Mubasher Contribution Time: 09-Dec-2015 08:32 (GMT)