The Abu Dhabi Securities Exchange index closed Tuesday's trading session up 1.071%, driven by optimism in the markets regarding US President Donald Trump's statements about fruitful talks with Iran, which boosted investors' risk appetite.
According to trading data, the general index settled at 9523.94 points, gaining 100.92 points from its previous close. The session witnessed strong liquidity, with total trading value reaching AED 1.887 billion, resulting from the trading of 352.617 million shares through 37,979 transactions.
The market capitalization of the Abu Dhabi Securities Exchange rose by 30 billion dirhams, reaching 2.879 trillion dirhams by the end of today’s trading, compared to 2.849 trillion dirhams at the end of yesterday’s trading, registering a growth of 1.053%.
Rabco Investment shares led the gainers, rising 10%, while Fujairah Building Industries shares saw the largest decline, falling 5%. Abu Dhabi Commercial Bank shares accounted for the largest share price by value, reaching AED 459.598 million, while Aldar Properties shares led in terms of volume, with 54.297 million shares traded.
The sectors of the Abu Dhabi Securities Exchange recorded mixed performance at the end of trading; the telecommunications sector led the gains with a growth of 2.06%, followed by the basic materials sector with an increase of 1.37%, and then the discretionary consumer sector with a growth of 0.88%.
The energy sector also achieved growth of 0.43%, the financial sector 0.26%, and consumer goods 0.19%, while the utilities sector remained unchanged.
In contrast, some sectors experienced varying declines, most notably the technology sector with a 1.84% decrease, the real estate sector with a 1.69% decrease, followed by the industrial sector with a 0.96% decrease, and then healthcare with a 0.80% decrease.
