Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) main index closed Wednesday in the red after dropping 0.79% or 36.52 points to 4,602.23 points.
The ADX’s traded volume stood at 46.15 million shares on Wednesday, against 55.14 million on Tuesday, whereas liquidity increased to AED 154.64 million, from AED 138.51 million.
The energy sector declined 1.62% after the Abu Dhabi National Energy Company’s (TAQA) stock fell 3.57% and Dana Gas’ stock tumbled 2.60%.
The real estate sector levelled down 1.42% after the stocks of Eshraq properties and Aldar Properties went down 2.60% and 1.29%, respectively.
The telecommunications sector inched down 0.84% as Emirates Telecommunications Group’s (Etisalat) stock shed 0.84%.
The banks sector edged down 0.67% after Abu Dhabi Commercial Bank’s (ADCB) stock decreased 1.09% and First Abu Dhabi Bank’s (FAB) stock declined 0.88%.
The investment and financial services sector tumbled 3.47% as Waha Capital’s stock levelled down 3.72%.
On the other hand, the industrial sector gained 0.48% as Arkan Building Materials’ stock grew 3.95%.
Manazel Real Estate’s stock led the ADX in terms of trading volume after 5.58 million shares were exchanged, while FAB’s stock was the most active in terms of liquidity, generating AED 61.06 million.
