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ADX ends Thursday in red

ADX ends Thursday in red
A total of 139.40 million shares were exchanged

Abu Dhabi – Mubasher: The main index of the Abu Dhabi Securities Exchange (ADX) closed Thursday’s trading session on a negative note with the decline of blue-chips such as First Abu Dhabi Bank (FAB) which slid by 0.89%.

The general index fell by 0.35% or 14.44 points to end at 4,119.32 points.

Meanwhile, the market cap amounted to AED 462.64 billion on Thursday from AED 462.53 billion in the previous session.

A total of 139.40 million shares were exchanged at a turnover of AED 442.98 million through about 3,487 transactions.

The real estate sector led the losers with 2.43%, while the telecommunications sector headed the gainers and advanced by 0.64%.

As for stocks, Emirates Driving Co headed the fallers after sliding by 4.99%, whereas Gulf Pharmaceutical Industries (Julphar) topped the risers with 23.42%.

Emirates Telecommunications Group (Etisalat), up 0.64%, spearheaded the DFM in terms of turnover with AED 123.34 million, while Aldar Properties, down 2.26%, registered the highest trading volume of 40.68 million shares.