Banks, energy stocks boost ADX at Sunday’s close

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Sunday’s trading session in positive territory, pushed up by the growth of the banks and energy sectors.

The general index rose 0.61%, closing the first session of the week at 5,075.69 points, the highest since mid-November 2018.

The ADX’s trading volume reached 52.83 million shares exchanged with a turnover of AED 461.31 million through 2,632 transactions.

The banks sector topped risers with 1.23% as First Abu Dhabi Bank (FAB) grew 1.76%, while the consumer staples sector levelled up 2.04% on the back of Agthia Group’s 3.85% increase.

Similarly, the energy sector went up 0.52% after Abu Dhabi National Energy (TAQA) jumped 7.42%.

On the negative side, the real estate sector headed losers with 1.56% as Aldar Properties fell 1.89.

By the end of the session, FAB’s stock led the bourse in terms of trading volume with 22.67 million shares, generating AED 348.57 million in liquidity. 

Mubasher Contribution Time: 03-Feb-2019 12:32 (GMT)
Mubasher Last Update Time: 03-Feb-2019 12:38 (GMT)