Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) closed lower on Thursday, weighed by the real estate, banks and energy sectors.
The general index fell 0.8% or 32.73 points to reach 4,071.80 points.
Trading volume reached 319.41 million shares on Thursday, compared to 294.5 million shares on Wednesday. Turnover stood at AED 316.327 million ($86.10 million), compared to AED 304 million ($83 million).
The real estate sector levelled down 2.72% as Aldar Properties and RAK Properties slid 2.95% and 3.57%, respectively.
The energy sector fell 2.04% after TAQA and Dana Gas decreased 2.38% and 1.96% in a row.
The banks sector inched down 0.95% as Abu Dhabi Commercial Bank and First Gulf Bank retreated 3.17% and 0.86%, respectively.
The services sector was the worst performer with a 3.05% drop, weighed by Abu Dhabi National Hotels which went down 7.41%.
On the flipside, the telecom sector advanced 0.31% due to Etisalat’s positive performance.
The consumer staples led risers after adding 2.19%, backed by Asmak and Agthia Group which levelled up 8.33% and 2.14% in a row.
Abu Dhabi National Insurance was the best performer after gaining 14.66%.
