Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index inched up 0.8 points, or 0.02%, to close at 4,734.19 points on Tuesday, encouraged by the banks sector.
The ADX’s trading volume reached 71.5 million shares, while the market’s liquidity hit AED 187.6 million.
The investment sector added 2.12% after Waha Capital rose 2.25%.
The ADX has seen a small profit-taking trend after growing for six successive sessions followed the announcement of Abu Dhabi’s AED 50 billion ($13.6 billion) investment to promote the emirate’s economy, vice president of Investment Research at KAMCO Raed Diab told Mubasher.
The market could witness less active trading in the coming sessions, but it will grow gradually, Diab added.
The banks sector went up 0.74%, as Abu Dhabi Commercial Bank (ADCB) added 1.87%.
On the other hand, the energy sector fell 1.66% after Dana Gas and Taqa declined 1.83% and 1.68%, respectively.
The telecommunication sector and its only stock, Etisalat, sank 1.46% each.