Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) saw a negative performance in August, weighed down by the selling pressures on Etisalat and Aldar Properties.
The main index retreated 2.2% or 102.6 points to reach 4,468.41 points.
The telecom sector fell 4% as Etisalat went down 4%.
The real estate sector decreased 1.3% as Aldar Properties and Eshraq Properties slid 1.3% and 7.4%, respectively.
The banks sector slid 1.64% as Union National Bank (UNB) and First Abu Dhabi Bank (FAB) retreated 6.6% and 2.3%, respectively.
The energy sector topped gainers with a 3.4% growth as TAQA went up 25.5%.
Trading volume reached 1.66 billion shares in August, compared to 1.79 billion shares in July. Turnover amounted to AED 2.5 billion, compared to AED 3.27 billion.
