Abu Dhabi index falls over 1.5% with Dubai | GulfNews.com

Abu Dhabi index falls over 1.5% with Dubai | GulfNews.com:



"Abu Dhabi index fell more than 1.5 per cent on Thursday on profit-taking along with Dubai index as investors resorted to profit-taking.



The Abu Dhabi Securities Exchange General Index ended 1.58 per cent lower at 4,631.75, after hitting a low of 4,626.23. Shares worth Dh296 million were traded on the exchange.



“There was profit-taking activity after we saw resistance being built up post high turnover trading,” said Marwan Shurrab, fund manager and head of trading at Vision Investments & Holdings, adding “the main focus on Thursday was on banking sector.”"



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