Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Wednesday’s trading session with the highest losses in two months, weighed down by the fall of banks, telecoms, and real estate stocks.
The general index fell 1.65% or 74.46 points to reach 4,427.30 points.
The banks sector levelled down 2.40% after First Abu Dhabi Bank sank 3.65%. The telecom sector also retreated 1.71% as Etisalat tumbled 1.71%.
The real estate sector levelled down 1.07% after Aldar Properties and Eshraq Properties slid 1.34% and 0.94%, respectively.
On the other hand, the energy sector rose 3.69% due to an increase in Dana Gas by 5.13%.
The consumer staples sector topped gainers after adding 5.34% as Agthia Group and Asmak gained 6.95% and 3.45%, respectively.
The market saw trading of 4.61 million shares, with a turnover of AED 79.58 million.
