Mubasher TV
Contact Us Advertising   العربية

ADX sheds 25 pts on blue chips Wednesday

ADX sheds 25 pts on blue chips Wednesday
The banks sector shed 1.17%

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index lost 24.68 points, or 0.52%, to close at 4,682.08 points on Wednesday, pressured by a massive decline seen by most of blue-chip stocks.

The ADX’s trading volume reached 37.12 million shares, while the liquidity recorded AED 57 million.

The banks sector shed 1.17% after National Bank of Umm Al Qaiwain (NBQ) dropped 9.76%, while First Abu Dhabi Bank (FAB) and Union National Bank (UNB) sank 1.2% and 0.53%, respectively.

The energy sector went down 1.07%, as ADNOC Distribution fell 0.4%, while the investment sector lost 1.02%, as Waha Capital levelled down 1.11%.

The real estate sector declined 0.63% after Aldar Properties decreased by 0.94%.

Conversely, the telecommunications sector and its only stock, Etisalat, fell 0.87%.