ADX sees downtrend in early trades

Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) witnessed a negative performance in Thursday’s early trades.

The general index lost 1.3% or 57.9 points to reach 4,336.21 points by 11:15am UAE time.

The market saw trading of 22.46 million shares through 334 transactions, with turnover of AED 25.98 million.

Aldar Properties lost 3.6% and became the value leader after generating AED 7.6 million from the exchange of 2.9 million shares.

Etisalat fell 0.5%, with turnover of AED 3 million generated from the exchange of 164,300 shares.

National Bank of Abu Dhabi (NBAD) was the worst performer after falling 4.8% to AED 8.8, followed by Sudan Telecommunication Co. which levelled down 4.6% to AED 0.5.

Mubasher Contribution Time: 24-Mar-2016 07:24 (GMT)