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ADX national, Arab traders end week as net sellers

ADX national, Arab traders end week as net sellers
Photo Credit: Arabianeye - Reuters

Abu Dhabi – Mubasher: National and Arab traders on Abu Dhabi Securities Exchange ended the first week in September as net sellers, while foreign traders and institutions were net buyers.

ADX continued a bearish trend last week, amid negative performance for leading sectors mainly real estate, banks and telecoms, amid weak liquidity.

Non-Arab foreign traders were net buyers by AED 189.2 million, while non-GCC Arabs were net sellers by AED 16.8 million.

GCC traders were net buyers by AED 6.28 million, while UAE nationals were net sellers by AED 6.28 million.