FGB, Aldar pressure ADX down at open

Abu Dhabi-Mubasher: The Abu Dhabi Securities Exchange (ADX) saw a bearish performance in Thursday’s early trades, in line with the decline of Aldar Properties and First Gulf Bank (FGB).

The general index retreated 0.48% or 21.96 points to reach 4,517.15 points by 11:00am UAE time.

The real estate sector led losers after declining 1%, dragged down by Aldar which slid 1.07%.

The investment sector levelled down 0.94% as Waha Capital decreased 1%. Similarly, the banks sector fell 0.72% as First Gulf Bank (FGB) lost 1.25%.

Turnover stood at AED 26.98 million after trading 9.42 million shares through 182 transactions.

Mubasher Contribution Time: 11-Aug-2016 07:39 (GMT)
Mubasher Last Update Time: 11-Aug-2016 07:39 (GMT)