Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed the week ended on 29 November in decline after plunging 200.79 points, or 4.04%, to 4,770.08 points, logging its weekly sharpest loss since January 2016.
The ADX’s traded volume reached 390.568 million shares, up from 189.823 million in the week ago, while the market’s liquidity jumped to AED 1.888 billion, against AED 935.044 million.
Market capitalisation lost around AED 18 billion to AED 481.084 billion, compared to AED 499.151 billion a week earlier.
The investment and financial services sector led losers with 12.12% after Waha Capital’s stock slumped 10.16%.
The energy sector fell 8.2% as Dana Gas’ stock slid 10.68%, while the real estate sector dropped 6.08% after the stock of Aldar Properties decreased 4.76%.
The banks sector also levelled down 4.35% as First Abu Dhabi Bank’s (FAB) stock lost 6%, while the telecommunication sector and its only stock Emirates Telecommunications Group “Etisalat” went down 1.89% each.
