ADX shrinks 64 pts in week

Abu Dhabi – Mubasher: The general index of the Abu Dhabi Securities Exchange lost 65.41 points, or 1.07%, to 5,107.76 points in a week.

Market capitalisation went down to AED 521.799 billion over the week, compared to AED 525.433 billion in the previous week.

The telecom sector and its stock Etisalat declined by 0.24% each. The banking sector shed 1.6%, as First Abu Dhabi Bank decreased by 2.6%.

The energy sector lost 1.6% after Adnoc Distribution levelled down by 2.6% and Taqa sank 2.9%.

At the other end of the spectrum, the real estate sector grew by 1.7%, as Aldar Properties gained 1.7%.

The ADX’s trading volume amounted to 256.37 million shares, while the market’s liquidity hit AED 724.47 million.

Mubasher Contribution Time: 01-Nov-2019 17:07 (GMT)
Mubasher Last Update Time: 01-Nov-2019 17:07 (GMT)