Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed the week ended 22 November in decline after dropping 70.71 points, or 1.4%, to 4,984.75 points, recording its sharpest weekly decrease in a month.
The ADX’s trading volume reached 173.55 million shares, down from 255.181 million in the week before, while liquidity slumped to AED 903.450 million, from AED 1.05 billion.
The banks sector dragged the bourse down after falling 1.41% as the heavyweight First Abu Dhabi Bank’s (FAB) stock tumbled 3.11%.
The energy sector slid 7.66% after Dana Gas’ stock declined 7.08%, while Abu Dhabi National Oil Company for Distribution’s (ADNOC Distribution) stock levelled down 4.12%.
The real estate sector also went down 1.47% as the stocks of RAK Properties and Eshraq Properties fell 6.03%, and 0.17%, respectively.
