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ADX ends Wednesday in red on blue chips

ADX ends Wednesday in red on blue chips
Aldar Properties grew by 0.46%

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index shed 14.59 points, or 0.28%, to close at 5,156.07 points on Wednesday, pressured by blue chips.

The banking and telecom sectors went down by 0.46% and 0.36%, respectively, while the real estate sector added 0.28% and the energy sector grew by 0.1%.

Abu Dhabi Commercial Bank (ADCB) shed 1.43% to AED 8.34, while First Abu Dhabi Bank (FAB) lost 0.39% to AED 15.38 and Abu Dhabi Islamic Bank (ADIB) sank 0.2%.

On the other hand, Aldar Properties grew by 0.46% to AED 2.19.

Market capitalisation declined by AED 1.1 billion to reach AED 528.189 billion on Wednesday, compared to AED 529.311 billion in the previous session.

The ADX’s trading volume amounted to 51.44 million shares, while the market’s turnover hit AED 119.236 million.