ADX rises on TAQA, Etisalat at open

Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) saw a bearish performance in Wednesday’s early trades, weighed down by the telecom and banks sectors.

The general index fell 0.09% or 3.9 points to reach 4,423.45 points by 10:30am UAE time.

The energy sector declined 1.16% as TAQA fell 5.26%.

The telecom sector retreated 0.3%, pressured by Etisalat.

The real estate sector was the top gainer with a 0.95% rise as Aldar Properties advanced 1.15%.

Turnover reached AED 103.28 million after 93.88 million shares were traded through 981 transactions. 

Mubasher Contribution Time: 11-May-2016 08:58 (GMT)
Mubasher Last Update Time: 11-May-2016 09:17 (GMT)