Aldar and FGB drive ADX to green zone at open

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) kicked of Thursday’s session in green, backed by the rise in Aldar Properties and First Gulf Bank (FGB).

The main index advanced 0.6% or 25.5 points to the level of 4,369.84 points.

The real estate sector rose 2.15% as Aldar properties and Eshraq properties grew 2.3% and 1.3%.

The industrial sector leapt 1.97% thanks to the rise in Ras Al Khaimah Ceramic by 5.7%.

 Also, the energy sector advanced 1.91% after a 4% rise in Dana Gas.

The banks sector climbed 0.98% as First Gulf Bank increased 2.16%.

Trading volume came to 26.6 million shares exchanged through 731 transactions worth AED 71.64 million ($19.5 million).

The ADX closed yesterday in the red zone.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 17-Mar-2016 07:21 (GMT)