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ADX sees bearish trend on Thursday

ADX sees bearish trend on Thursday
Trading volume amounted to 52.018 million shares

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (DFM) has seen a bearish trend on Thursday, pressured by the declining blue-chip stocks.

The ADX’s general index slid 10.41 points, or 0.2%, to 5,096.09 points.

Trading volume amounted to 52.018 million shares that were exchanged through 1,667 transactions at a turnover of AED 530.715 million.

Market capitalisation shed AED 1.95 billion and ended the session at AED 521.810 billion.

The energy sector fell by 0.55%, the banks sector decreased by 0.29%, and the telecommunication went down by 0.24%.

Meanwhile, the real estate sector was the sole riser, adding 0.39%.

First Abu Dhabi Bank (FAB) was the most active stock by value with a turnover of AED 32.235 million, while Aldar Properties was the most active stock by volume with a trading volume of 8.901 million shares.

Abu Dhabi Commercial Bank (ADCB) dropped by 2.35% to AED 8.35 and Abu Dhabi Islamic Bank (ADIB) shed 0.78% to AED 5.08, while Dana Gas levelled up 0.10% to AED 0.97.