Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) ended Thursday’s trading session down, pressured by the energy, banks and telecommunication sectors.
The benchmark index dropped 31.09 points, or 0.60%, to finish the last session of this week at 5,112.15 points.
The ADX’s traded volume stood at 25.84 million shares exchanged at a turnover of AED 148.335 million through 1,362 transactions.
The investment sector topped fallers with 9.28% after Waha Capital declined following the announcement of its 2018 earnings report.
The energy sector dipped 1.81% as TAQA slumped 7.63%, while the banks sector inched down 0.44%, dragged by the stocks of Abu Dhabi Commercial Bank (ADCB) and the heavyweight First Abu Dhabi Bank (FAB), which fell 10.5% and 0.26%, respectively.
The telecommunication sector and its sole stock Etisalat went down 0.35% each, while the real estate sector decreased 0.17% after Eshraq Properties tumbled 1.08%.
On the other hand, the stocks of Methaq Takaful Insurance, Arkan Building and Sudatel Telecom Group grew 6.24%, 0.60% and 0.52%, respectively.
FAB’s stock headed the ADX in terms of trading value with AED 44.74 million and ADCB’s stock generated the highest traded volume with 3.19 shares.
