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ADX gains on institutional buying for 7th session

ADX gains on institutional buying for 7th session
Takaful
TKFL
-6.00% 4.70 -0.30
NCT&H
NCTH
0.00% 2.70 0.00
Al Ain Ahlia Insurance
AAAIC
-10.00% 28.80 -3.20

Al Dhafra
DHAFRA
13.73% 5.80 0.70
FGB
FGB
-0.39% 12.90 -0.05
Dana Gas
DANA
-1.05% 0.66 -0.01
The Abu Dhabi Securities Exchange (ADX) succeeded in continuing is upward trend, rising for the seventh successive session, gaining 1.06% or 52.01 pts to 4950.35 pts.

Turnover reached AED 308.15 million as 76.1 million shares were traded through 1626 transaction. A total of 30 companies traded, of which 17 were in the green, 10 were in the red and 3 remained unchanged.

Market performance was slightly mixed with the insurance and energy sector recording the only declines by 2.34% and 1.26%, respectively. Meanwhile, the services and banking sectors topped gainers, adding 1.87% and 1.49%, respectively.

The National Corporation for Tourism and Hotels (NCTH) topped gainers, surging by 7.54%, followed by Dana Gas and First Gulf Bank (FGB), from the energy and banking sectors, which added 3.33% and 3.05%, respectively. On the other hand, Al Ain Insurance, Al Dhafra Insurance and Takaful, all from the insurance sector, led decliners, plunging by 9.91%, 9.62% and 9.47%, respectively.