Blue chips push down ADX Sunday

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Sunday in the red after its main index inched down 0.77% to 4,964.48 points, dragged down by blue-chip stocks.

The real estate sector decreased 1.04% as Eshraq Properties’ stock fell 2.56%, and Aldar Properties’ stock inched down 0.60%.

The banks sector edged down 0.81% after Abu Dhabi Commercial Bank’s (ADCB) stock levelled down 2.67%, and First Abu Dhabi Bank’s (FAB) stock declined 0.55%.

The telecommunication sector and its only stock Emirates Telecommunications Group “Etisalat” went down 0.59%, each.

The investment and financial services sector dropped 3.99% as Waha Captial’s stock tumbled 4.28%.

On the other hand, the energy sector rose 0.41%, boosted by Abu Dhabi National Energy Company (TAQA), which increased 4.08%.

FAB’s stock generated the highest liquidity with AED 43.87 million, while Abu Dhabi Islamic Bank’s (ADIB) stock was the most active in terms of trading volume after 7 million shares were exchanged.

Mubasher Contribution Time: 25-Nov-2018 11:08 (GMT)
Mubasher Last Update Time: 25-Nov-2018 11:11 (GMT)