Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) retreated on Thursday, weighed by the selling of blue chips.
The main index lost 0.44% or 19.56 points to 4,414.16 points.
The banks sector shed 0.88% after the National Bank of Ras Al Khaimah, First Abu Dhabi Bank (FAB), Abu Dhabi Commercial Bank (ADCB), and Union National Bank (UNB) tumbled 2.13%, 1.46%, 0.28%, and 0.24%, respectively.
The energy sector lost 0.29%, dragged by TAQA’s decline of 1.46%.
Meanwhile, the real estate sector increased by 0.41%, pushed by Eshraq Properties, which grew 4.05%.
The telecommunication sector and its only stock Etisalat both went up 0.28%.
Trading volume increased to 85.12 million shares on Thursday from 78.2 million shares on Wednesday, while trading value grew to AED 200.32 million through 1096 transactions from AED 125.6 million.
Eshraq Properties was the most actively-traded stock in terms of volume, with 33.99 million traded shares, while First Abu Dhabi Bank (FAB) topped the ADX in terms of liquidity, generating AED 26 million.
