ADX sees bearish trend on Thursday

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) has seen a downward trend on Thursday, pressured by the real estate stocks.

The ADX’s general index slid 10.78 points, or 0.21%, to 5,114.09 points.

Trading volume amounted to 79.066 million shares that were exchanged through 1,540 transactions at a turnover of AED 360.862 million.

Market capitalisation shed AED 1.10 billion and closed the session at AED 525.351 billion.

The real estate sector headed the decliners with a decrease of 1.79%, followed by the telecommunication and the banks sectors that slipped 0.59% and 0.18%, respectively.

Meanwhile, the energy sector was the sole riser, ascending 0.21%.

Wahat Al Zaweya was the most active stock by volume with a trading volume of 33.968 million shares, while First Abu Dhabi Bank (FAB) was the most active stock by value with a turnover of AED 171.369 million.

Aldar Properties’ stock and Abu Dhabi Commercial Bank (ADCB) fell by 1.81% and 1.49%, respectively, while Dana Gas added 0.20%.

Mubasher Contribution Time: 05-Sep-2019 11:58 (GMT)
Mubasher Last Update Time: 05-Sep-2019 11:58 (GMT)