ADX rises in Tuesday’s mid-session

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) saw gains in Tuesday’s mid-session, spurred by the rise of energy and real estate stocks.

The main index rose 0.02% or 0.45 point to reach 4,564.53 points by 11:40am UAE time.

The energy sector advanced 2.12% as Dana Gas and TAQA went up 2.13% and 2.08% respectively.

The real estate sector grew 0.49% as Eshraq Properties gained 6.06%. The insurance sector went up 1.8% after Abu Dhabi National Insurance Company (ADNIC) advanced 14.7%.

On the other hand, the telecom sector fell 0.56% as Etisalat went down 0.56%.

The market saw trading of 91.3 million shares through 962 transactions, with a turnover of AED 102.97 million.

Eshraq was the value leader after generating AED 50 million.

Mubasher Contribution Time: 14-Feb-2017 08:35 (GMT)
Mubasher Last Update Time: 14-Feb-2017 08:35 (GMT)