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.

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