Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) main index hit its highest level since January on Thursday as well as recording the biggest liquidity in 2016.
The index rose 3.09% or 134.39 points to the level of 4,478.73 points.
Trading volume rose to 199.92 million shares, versus 128.04 million shares exchanged yesterday.
Turnover also increased to AED 948 million ($258.045 million) from AED 218.41 million ($59.45 million).
Etisalat acquired two thirds of today’s trading with a trading value of AED 598.22 million ($162.871 million). The stock decreased 3.98% to AED 18.10 ($4.93).
The banks was the best performing sector with a 7.09% increase, backed by First Gulf Bank, National Bank of Abu Dhabi and Abu Dhabi Commercial Bank as they gained 10.82%, 9.28% and 7.37% respectively.
The real estate also leapt 3.42% as Aldar properties and Eshraq grew 3.45% and 1.33% respectively.
The energy sector advanced 1.91%, supported by Dana Gas which rose 4%.
On the other hand, the telecom fell 3.98% as Etisalat slid with the same percentage.
Translated by: Elwy el-Manzalawy
