Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) trimmed its losses in Tuesday’s mid-session due to a rise in the banks sector.
The general index fell 0.04% or 0.7 points to reach 4,192 points by 12:10am pm UAE time.
The market saw trading of 86 million shares through 916 transactions, with turnover of AED 82 million.
The telecom sector declined 0.62% as Etisalat levelled down 0.62%.
The energy sector slid after TAQA decreased 2.17%.
On the flipside, the banks sector rose 0.24% as Abu Dhabi Islamic Bank and Abu Dhabi Commercial Bank advanced 1.37% and 0.49%, respectively.
The UAE markets are still controlled by speculators amid the lack of catalysts in the current period, which will negatively affect liquidity, analysts told Mubasher.
The real estate sector increased 0.04% after Eshraq Properties went up 1.85%.
The investment sector was the top gainer after 1.36%, backed by the growth of Waha Capital.
