Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) opened in the green on Thursday, backed by the banks, investment and telecom sectors.
The general index rose 0.29% or 5.03 points to reach 4,100.76 points by 10:22am UAE time.
The UAE markets are still witnessing negative performance on traders’ anxiety resulted from the drop in oil prices, analysts told Mubasher.
The market saw trading of 10.42 million shares through 587 transactions, with turnover of OMR 3.4 million.
The banks sector rose 0.71%, backed by National Bank of Abu Dhabi and First Gulf Bank which increased 1.39% and 0.87%, respectively.
The investment sector levelled 0.46% as Waha Capital grew 0.47%.
The telecom sector advanced 0.31% as Etisalat increased 0.31% to AED 16.05.
On the flipside, the energy sector declined 1.73% after Dana Gas retreated 2.17% to AED 0.45.
