Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed in the red zone on Wednesday, amid rising liquidity.
The general index fell 0.52% or 23.59 points to reach 4,541.04 points.
Trading volume reached 54.08 million shares on Wednesday down from 57.39 million shares on Tuesday, whereas turnover increased to AED 200.04 million from AED 144.14 million.
The banks sector retreated 1.5%, as the National Bank of Ras Al Khaimah (RAK Bank) and the National Bank of Abu Dhabi (NBAD) lost 3.2% and 2.2%, respectively.
On the other hand, the real estate sector went up 1.6%, supported by an increase in Eshraq and Aldar Properties by 1.8% and 1.4%, respectively.
The telecom sector and its stock Etisalat climbed 1.13%.
NBAD led in terms of liquidity with AED 121.14 million, through trading 11 million shares.
