Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) ended the second week of January in the positive territory, supported by the growth of the banks and telecommunication sectors.
The general index jumped 64.17 points, or 1.31%, closing at 4,962.37 points.
Over the week, the ADX’s trading volume reached 129.132 million shares compared to 166 million shares in the prior week, while the liquidity grew to AED 511.67 million from AED 383.94 million the week before.
The banks sector topped gainers, adding 2.59% as First Abu Dhabi Bank (FAB) rose 2.71%, while the telecommunication sector and its sole stock, Etisalat, went up 0.12% each.
Meanwhile, the real estate sector headed the decliners, falling 2.98% on the back of Aldar Properties’ 3.73% drop, while the consumer staples sector slid 4.54% as Agthia Group retreated 6.54%.
Similarly, the energy sector fell 1.14% after Abu Dhabi National Energy (TAQA) lost 6.36%.
