ADX up 0.6% in early trade

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) opened Thursday’s trading in green, backed by the stocks of Aldar Properties and Etisalat.

The bourse’s main gauge rose 0.6% or 20 points to the level of 4,467.57 points.

Trading volume reached 31 million shares exchanged at AED 69 million ($18.79 million) through 493 transactions.

Technical analysts expected the UAE stock markets to continue their positive performance today.

The real estate sector advanced 0.7% as Aldar rose 1.08%.

The telecom sector climbed 0.27%, backed by Etisalat which increased by the same percentage.

Also the banks sector grew 0.13% as National Bank of Abu Dhabi and Union National Bank rose by 0.9% and 0.27% respectively.

The benchmark index closed Wednesday’s trading in the green territory.

Translated by: Elwy el-Manzalawy 

Mubasher Contribution Time: 14-Apr-2016 07:28 (GMT)
Mubasher Last Update Time: 14-Apr-2016 08:52 (GMT)