Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Thursday on a higher note, backed by stocks in the banks and telecommunications sectors, breaking a two-session falling streak.
The general index increased 0.28% or 13.87 points to close at 4,984.75 points. Turnover amounted AED 195.45 million after 50.54 million shares were exchanged through 1,375 transactions against AED 168.152 million and 33.86 million shares on Wednesday.
The banks sector grew 0.84% on the back of Abu Dhabi Commercial Bank’s (ADCB) 1.98% gain, while First Abu Dhabi Bank (FAB) added 0.98%.
The telecommunications sector and its only stock Etisalat rose by 0.35% each.
On the flipside, the energy sector lost 2.11% after TAQA tumbled 4.85%, while Dana Gas and ADNOC Distribution shed 1.90% and 0.86%, respectively.
The real estate sector was also down by 0.96% after Aldar Properties and Eshraq Properties decreased 1.18% and 0.68%, respectively.
FAB was the most active in terms of value with AED 98.81 million, while Wahat Al Zaweya was the most active in terms of volume with 15 million shares exchanged.
