Abu Dhabi Commercial Bank : Blue chips push ADX Thursday
The main index went up 0.24% or 10.89 points to 4,525.88 points.
The positive results of the market will continue in the coming period, said vice president of Investment Research at KAMCO Raed Diab, referring to the disclosure of the companies’ financial results for the first nine months of 2017.
The real estate sector added 1.13% after RAK properties and
The banks sector also went up 0.26% after
The telecommunication sector and its stock
The ADX’s trading value shrank to AED 134.69 million from AED 305.09 million on Wednesday, while trading volume fell to 85.34 million shares through 1,454 transactions, compared to 191.66 million shares.
The Raising of oil rates to be stable at suitable levels reflected positively on the growth of the ADX’s main index on Thursday, Diab explained.
Translated by: Muhammad Abdulwakeel
Source : Mubasher Exclusive
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