Abu Dhabi Securities Market General Index up to 4,542 pts Thursday

Abu Dhabi Securities Market General Index up to 4,542 pts Thursday, as stock trades hit Dh500 million

Upbeat sentiments continue to be felt at Abu Dhabi Securities Exchange which saw Thursday a total of 3,448 deals worth Dh500 million over 187 million shares. Cashing on in the positive development, the Abu Dhabi Securities Market General Index was up 0.94 percent to 4,542 points, driven by gains secured by some of the blue chips, specially FAB which closed high at Dh11.40 following trades to the tune of Dh109 million. It was followed by ADCB, which rose to Dh5.75, after trades worth Dh53 million, and ADIB, which closed at Dh4.00. Aldar Properties likewise rose to Dh2.12, following transactions of Dh101 million. The ADX General Index is a free float market capitalization weighted index of stocks listed on the Abu Dhabi Securities Exchange. For an equity to be a member of the index it must have five trading days since it was listed. wam