By: Mahmoud Gamal
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index lost 48.82 points, or 1.09%, to close at 4,437.83 points on Thursday.
The ADX’s trading volume reached 48.06 million shares, while the market’s liquidity hit AED 127.13 million.
The investment sector tumbled 2.62% after Waha Capital declined 2.86%.
The telecommunications sector and its only stock, Etisalat, went down 1.82% each.
On the other hand, the real estate sector grew 0.3%, as Eshraq Properties surged 2.82%.
The ADX wants fresh market-boosting catalysts that could boost liquidity before Islam's holy month of Ramadan when it usually reaches its lowest levels, vice president of Investment Research at KAMCO Raed Diab commented.
Translated by: Muhammad Khalid
