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ADX closes Wednesday up

ADX closes Wednesday up
ADX’s trading volume stood at 33.76 million shares on Wednesday, against 58.04 million shares on Tuesday

Abu Dhabi – Mubasher: The Abu Securities Exchange (ADX) ended Wednesday 0.30% or 13.34 points higher to reach 4,487.41 points.

The real estate sector increased 0.56% after Aldar Properties’ stock grew 0.86%, and the banks sector rose as Bank of Sharjah’s (BOS) and the National Bank of Abu Dhabi (NBAD) stocks went up 0.82% and 0.48%, respectively.

The telecommunication sector inched up 0.28% after Etisalat's stock levelled up 0.28%.

The ADX’s trading volume tumbled to 33.76 million shares on Wednesday, against 58.04 million shares on Tuesday, while traded value dropped to AED 63.25 million, from AED 66.27 million.

Eshraq Properties’ stock led in terms of trading volume after 10.4 million were exchanged, while Etisalat’s stock was the most active in terms of traded value with a turnover of AED 15.1 million.