The Abu Dhabi Securities Exchange’s (ADX) general index rose 0.42%, or 19.5 points, to 4,634.91 points on Wednesday, registering its third successive growth.
The ADX’s trading volume shrank to 61 million shares from 66.76 million shares on Tuesday, while the market’s turnover tumbled to AED 186.27 million, compared to AED 199.65 million in the previous session.
The telecommunication sector and its only stock Etisalat grew 0.56%.
The banks sector went up 0.62% after First Abu Dhabi Bank (FAB) and Abu Dhabi Commercial Bank (ADCB) added 0.89% and 0.27%, respectively.
On the other hand, the real estate sector topped the market’s losers, shedding 0.25% after Eshraq Properties and RAK Properties lost 1.3% and 1.19%, respectively.
The energy sector went down 0.19%, as TAQA levelled down 1.75%.
The banks sector led the market in terms of liquidity, with a turnover of AED 88 million, pushed up by First Gulf Bank (FGB), whose turnover hit AED 58 million.
Bildco topped the ADX’s gainers, surging 7.02%, while Takaful was the the market’S biggest loser dropping 9.9%.