Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index rose 0.25% or 12.68 points to close at 5,028.36 points on Thursday, supported by key sectors including real estate, telecommunications, and banks.
A total of 70.36 million shares were exchanged at a total value of AED 152.536 million.
The real estate sector was up 1.68%, supported by Eshraq Properties and Aldar Properties’ rises of 2.95% and 1.69%, respectively.
The telecom sector and it sole stock, Etisalat, gained 0.35% each.
The banks sector added 0.24%, supported by Abu Dhabi Commercial Bank (ADCB) which rose by 1.24%, while the First Abu Dhabi Bank (FAB) advanced 0.14%.
On the flipside, the energy sector fell 1.29%, pressured by Dana Gas’ 1.75% plummet and TAQA’s 0.89% decline witnessed right after the companies declared their Q3-18 financial results
The consumer staples sector grew 1.99% after the International Holdings “Asmak” added 4.42%.
FAB spearheaded the market in terms of liquidity, generating AED 37.72 million, while Eshraq Properties registered the highest volume of 33.33 million shares.
