ADI closes near stable Thursday

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index closed near stable on Thursday, inching up 0.08%, or 3.78 points, to 4,599.47 points.

The investment sector upped 1.81% after Waha Capital gained 1.95%.

The banks sector levelled up 0.36% after Sharjah Islamic Bank and First Abu Dhabi Bank (FAB) rose 1.52% and 0.88%, respectively.

The real states sector increased by 0.1%, as Aldar Properties grew 0.44%.

On the other hand, the telecommunication sector and its stock Etisalat shed 0.57% each.

The energy sector lost 0.39% after Dana Gas and ADNOC Distribution levelled down 1.33% and 0.75%, respectively.

The ADX’s trading volume shrank to 48.6 million shares from 66.7 million on Wednesday, while the market’s liquidity decreased to AED 133.75 million, compared to AED 147.99 million in the previous session.

TAQA was the most actively-traded stock in the ADX in terms of volume, with 14.4 million traded shares, while FAB led the market in terms of liquidity, with a turnover of AED 56.18 million through 165 transactions.

Mubasher Contribution Time: 08-Feb-2018 11:31 (GMT)
Mubasher Last Update Time: 08-Feb-2018 11:38 (GMT)