FGB pressures ADX down at open

Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) opened at a decline on Thursday, dragged by First Gulf Bank (FGB).

The general index lost 0.53% or 23.37 points to 4,371.29 points by 11:15am UAE time.

Turnover reached AED 30.13 million after trading 16.1 million shares through 385 transactions.

The telecom sector fell 0.9% as Etisalat decreased 0.9%.

The banks sector declined 0.14% after FGB levelled down 1.6%.

On the flipside, the real estate sector increased 0.10% after Aldar Properties added 0.10%.

Mubasher Contribution Time: 31-Mar-2016 07:20 (GMT)