Blue chips push down ADX at Sunday’s close

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Sunday’s trading session in the red, pressured by the fall of the telecom, real estate and energy sectors.

The general index decreased by 38.81 points, or 0.80%, closing the first session of the week at 4,817.13 points.

The ADX’s trading volume reached 20.40 million shares exchanged with a turnover of AED 61.104 million through 602 transactions.

The real estate sector headed the decliners falling 1.87% due to Aldar Properties’ 1.92% drop, followed by the energy sector, which plunged 1.37% as Abu Dhabi National Energy (Taqa) retreated 9.47%.

 Similarly, the telecommunication sector and its sole stock, Etisalat, went down 0.82%, each.

The banks sector decreased by 0.77% after Abu Dhabi Commercial Bank (ADCB) dropped 1.47%. 

Mubasher Contribution Time: 23-Dec-2018 11:44 (GMT)
Mubasher Last Update Time: 23-Dec-2018 11:48 (GMT)