Blue chips drag ADX into red at open

Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) saw a negative performance on Thursday morning due to a decline in blue chips.

The general index went down 0.6% or 41.2 points to reach 4,543.65 points by 10:30am UAE time.

Turnover reached AED 47.45 million after trading 31.9 million shares through 458 transactions.

The energy sector led losers after falling 4.4%, weighed by TAQA and Dana Gas which decreased 8.2% and 3.6% in a row.

The telecom sector retreated 1.8% after Etisalat levelled down 1.8%.

The banks sector fell 0.97% as First Gulf Bank (FGB) slid 0.4%.

The real estate sector decreased 0.4% after Aldar declined 0.4%.

On the flipside, the insurance sector increased 0.8%, followed by the industrial and services sectors 

Mubasher Contribution Time: 10-Mar-2016 06:53 (GMT)