Industrial Sector Shines at ADX


07/02/2014 15:01 AST

The benchmark Abu Dhabi Stock Market (ADX Index) managed to reach at 4,721.72 on Thursday 6th Feb 2014, adding 33.49 points or 0.71 percent for the entire day.

Market Cap Indices ended the day in the safe area except the Med Cap.

Industrial sector appeared at top as key performing sector among sectoral indices, advancing 3.84 percent. Banks, Insurance and Consumer Staples sectors rose 1.34 percent, 0.76 percent and 0.72 percent respectively.

Union National Bank outperformed rest of its peers, advancing 4.68 percent. First Gulf Bank and Abu Dhabi National Energy Company followed it wih 2.71 percent and 2.12 percent respectively.

Arkan Building Materials Company and Al Khazna Insurance Company led the chart of major gainers’, each surging 14.66 percent.

Al Dar Properties led the chart of most active stocks by capturing 30.05 percent of the overall market volume. The company liquidated around 83 million shares.

Abu Dhabi National Hotels Company led the losers’ chart, pairing 10 percent.

Gulfbase.com
Market News
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | News Archive

JAN | FEB | MAR | APR | MAY
Most Viewed Companies
Ticker Price Volume
QNBK 146 383,603
WAHA 1.72 489,438
DAMAC 2.88 5,023,218
BATELCO 0.26 25,000
BKIZ 0.08 62,350
SABIC 98.2 2,769,289
BKDB 0.23
Recent News

OPEC says it will extend production cuts through March 2018
The Organization of the Petroleum Exporting Countries on Thursday renewed an agreement to withhold some crude-oil supplies into March 2018, people familiar with the matter said, doubling down on its

OPEC meets to extend oil cuts for up to one year
OPEC and non-member oil producers are gearing up to extend output cuts on Thursday, possibly by as long as 12 months, to help clear a global stocks overhang and prop up crude prices.

The O

U.K. Economy Weakens More Than Estimated, Growth Drops to 0.2%
The U.K. economy slowed more sharply than initially estimated in the first quarter as shoppers flagged and trade dragged on growth.

Gross domestic product rose 0.2 percent, less than the 0

OPEC Set to Prolong Cuts as Effort to Clear Oil Glut Goes Slow
OPEC and its allies were poised to extend their production cuts for another nine months after last year’s agreement failed to clear a global supply glut or deliver a sustainable price recovery.

Oman share index falls on regional cues
Oman’s benchmark, MSM30 Index, followed regional cues and ended on a weaker note at 5,392.31 points, down 0.17 per cent. The MSM Sharia Index closed at 789.80 points, up 0.06 per cent. Al Madina Inve

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?