Abu Dhabi index up 0.2% at open

Abu Dhabi-Mubasher: The Abu Dhabi Securities Exchange’s (ADX) benchmark index rose 0.2% or 8.7 points to reach 4,489.78 points by 10:35am UAE time on Tuesday.

The market was backed by the industrial, telecom and banks sectors which grew 1.65%, 0.27% and 0.15%, respectively.

RAK Ceramic was the best performer, followed by Union National Bank (UNB), Abu Dhabi Islamic Bank (ADIB), First Gulf Bank (FGB) and Etisalat.

On the flipside, Bank of Sharjah topped losers with a 4.76% decline, followed by Gulf Cement Company and National Bank of Abu Dhabi (NBAD) at 2.27% and 1.35% respectively.

The market saw trading of 1.84 million shares through 81 transactions, with a turnover of AED 8.6 million.

Gulf Cement was the most active company with a trading volume of 666,800 shares, while Etisalat was the value leader after generating AED 5.8 million.

Mubasher Contribution Time: 21-Jun-2016 07:34 (GMT)
Mubasher Last Update Time: 21-Jun-2016 07:34 (GMT)