Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) opened Thursday in the red, pressured by the negative performance of leading stocks in the real estate, banking, energy and telecom sectors.
At 11:15am UAE time, the benchmark edged down 0.7% or 29.5 points to reach 4201.2 pts.
The local markets are still hit by investors’ worries which weighed on liquidity levels, analysts told Mubasher.
A total of 22.8 million shares changed hands through435 transactions at a turnover of AED 58.3 million.
The commodity sector was the big drag with a loss of 2.2% as Agthia slipped 2.56%.
The real estate sector followed with a fall of 1.58% on Aldar and Eshraq which shed 1.65% and 1.96% in a row.
The energy and telecom sectors dropped 1.5% and 1.29%, respectively. The banking also dipped 0.38%.
Translated by Abdul Maguid Aboshahla
