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ADX market cap rises AED 9.7bn in week

ADX market cap rises AED 9.7bn in week
Market capitalization increased by AED 9.74 billion

UAE – Mubasher: The Abu Dhabi Securities Exchange (ADX) recorded a positive performance last week as the general index ADI increased by 2.61% or 95.86 points and closed at 3,770.73 points.

Market capitalization increased by AED 9.74 billion to reach AED 413.20 billion by the end of the week, compared with its level by the end of the previous week at AED 403.46 billion.

As for the market sectors’ performance, banks added 4.07%; telecom and real estate gained 6.51% and 2.44%, respectively, while the energy sector added 3.38%.

ADCB increased by 27.25%, while FAB levelled up by 26.07%. Meanwhile, ADNOC Distribution lost 1.54%.