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ADX closes Wednesday on high note; market cap gains AED 5.4bn

ADX closes Wednesday on high note; market cap gains AED 5.4bn
International Holdings Company (IHC) topped the risers with 14.92%

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) gained AED 5.4 billion during Wednesday’s trading session amid a collective increase in major stocks.

By the end of today’s session, the benchmark index rose by around 0.95% or 49.49 points to 5,234.02 points.

Meanwhile, 39.24 million shares were exchanged through around 1,240 transactions at a value of AED 148.35 million.

Aldar Properties, Dana Gas, First Abu Dhabi Bank (FAB), Abu Dhabi Islamic Bank (ADIB), and Sharjah Islamic Bank increased by 0.9%, 0.65%, 1.42%, 1.22%, and 0.79%, respectively.

International Holdings Company (IHC) topped the risers with 14.92%, followed by Abu Dhabi Ship Building (ADSB) with 14.67% and the National Investor Company with 7.69%.

At the same time, the market cap value gained around AED 5.41 billion, reaching AED 541.44 billion, compared to AED 536.03 billion on Tuesday, 21 January.