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ADX market cap adds AED 2.57bn in week

ADX market cap adds AED 2.57bn in week
Market capitalisation added AED 2.57 billion this week

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed the week ended Thursday, 20 July in the green, after the general index gained 1.7% on the back of the telecom and real estate sectors.

The telecom sector and its stock Etisalat’s 1.1% rise helped boost the general index over the week, while the real estate sector increased 1.5% after Aldar and Eshraq gained 1.3% and 1.06%, respectively.

Turnover amounted to AED 703.760 million over the week, down from AED 929.68 million last week, while turnover slipped to 356.4 million shares versus 375.3 million.

Market capitalisation added AED 2.57 billion this week, to close at AED 438.68 billion compared to the previous week’s close at AED 436.106 billion.