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ADX up on Sunday; market cap records AED 423bn

ADX up on Sunday; market cap records AED 423bn
A total of 63.20 million shares were traded through 1,565 transactions

Abu Dhabi – Mubasher: The main index of Abu Dhabi Securities Exchange (ADX) gains 108.11 points or 2.87% to register 3,878.84 points by the end of Sunday's trading session, unlike its negative performance on Thursday. 

A total of 63.20 million shares were traded through 1,565 transactions at a total value of AED 144.30 million.

The market cap value stood at AED 423.90 billion, up AED 10.7 billion from AED 413.20 billion during the previous session.

Regarding the sectors, the telecommunications headed the winners with 3.20%.

International Holdings Company led the green zone with 9.02%, while Ras Al Khaimah Cement Company (RAK Cement) came on top of the red zone with 4.84%.

Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) was the most active stock with 20.23 million shares exchanged through AED 53.68 million.

Emirates Telecommunications Group (Etisalat) led the rising blue chips with 3.20%.