Selling pressures weigh on ADX on Tuesday

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) has seen a downward trend on Tuesday amid facing selling pressures.

The ADX’s general index inched down 5.30 points, or 0.10%, to 5,070.19 points.

Trading volume amounted to 33.48 million shares that were exchanged through 1,011 transactions at a turnover of AED 90.42 million.

Market capitalisation shed AED 1.07 billion and closed the session at AED 518.52 billion.

The energy sector fell by 0.82%, followed by the banks sector that slipped 0.20%, while the real estate sector rose by 1.01% and the telecommunication sector remained stable.

ADNOC Distribution’s stock led the losers and fell by 2.59%, while Manazel Real Estate’s stock headed the winners and jumped by 3.75%.

Aldar Properties was the most heavily traded stock with 13.52 million shares traded at a turnover of AED 28.51 million.

Mubasher Contribution Time: 08-Oct-2019 11:29 (GMT)
Mubasher Last Update Time: 08-Oct-2019 11:29 (GMT)