Abu Dhabi –Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index lost 0.89% or 44.01 points to close at 4926.29 points on Wednesday, dragged down by the energy, real estate, and banks sectors.
By the end of the session, 25.07 million shares were exchanged at a total value of AED 776.925 million.
The energy sector fell 1.83%, pressure by TAQA and Dana Gas that lost 7.83% and 0.86%, respectively.
The banks sector was down 42% after major banks saw steep losses.
The National Bank of Umm Al Qaiwain (NBQ) shed 4%, the First Abu Dhabi Bank (FAB) lost 1.77%, and Bank of Sharjah tumbled 0.93%, while Abu Dhabi Commercial Bank (ADCB) and Abu Dhabi Islamic Bank (ABIB) fell 0.80% and 0.17%, respectively.
The real estate sector fell 0.90% after Manazel Real Estate and Eshraq Properties lost 0.92% and 0.17% respectively.
On the flipside, the investment sector rose 0.99%, driven by Waha Capital that gained by 1.07%.
The telecommunication sector and its sole stock, Etisalat, rose by 0.48%, each.
