Abu Dhabi – Mubasher: Abu Dhabi Securities Exchange strengthened on Tuesday, supported mainly by Etisalat that jumped after allowing non-nationals to trade on the stock.
The benchmark index rose 0.42% or 18.62 points to close at 4,504.61 points.
Tuesday’s turnover jumped to its lowest level since 2015-start, as it reached AED 741.34 million ($201.8 million), up from AED 168.135 million ($45.767 million) on Monday. Traded volume also rose to 98.32 million shares, from 72.2 million shares.
Etisalat dominated 84% of total trading value, with AED 624.424 million. It rose 1.75% to AED 14.50.
Market capitalisation added AED 1.75 billion ($476 million) to reach AED 424.73 billion ($115.614 billion), compared with AED 422.98 billion ($115.138 billion).
The real estate sector gained 1.23%, backed by Aldar Properties that rose 1.28%. The consumer staples sector was the top gainer, with a rise of 2.03%.
Meanwhile, the energy sector led decliners, with a fall of 1.95%, weighed by Dana Gas and Taqa that shed 1.96% and 1.92%, respectively.
The banks sector inched lower by 0.03%, after NBAD dropped by 3.13%, while ADCB trimmed the sector’s losses after it gained 1.78%.
