Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) commenced trading on Tuesday at a rise, backed by four sectors, spearheaded by real estate and telecommunications.

The general index added 0.16% or 6.71 points, reaching 4,191.93 points by 10:30am UAE time.

Tuesday’s early gains come contradictory to analysts’ expectations. Earlier in the day, analysts told Mubasher that they expected the UAE stock markets to extend profit-taking amid strong selling pressures on blue chip stocks.

The investment sector led risers, adding 3.7% with Waha Capital seeing the same increase, while the real estate sector grew 0.6% on the back of Aldar Properties, which gained 0.4%.

The telecom sector levelled up 0.29% with its main stock Etisalat seeing a similar rise.

Turnover reached AED 30.48 million after 29.66 million shares changed hands through 279 transactions.