ADX main index up in week amid lower market cap
By: Bedour Al Ra’ee Mubasher: The benchmark index of the Abu Dhabi Securities Exchange (ADX) registered an incline of 0.33% or 16.13 points to reach 4,934.44 points by the week ended on 12 September when compared to the previous week. The UAE stock markets will be closed on Thursday, 13 September, on the occasion of the Hijri new year instead of Tuesday, 11 September, and trading will resume on Sunday, 16 September. Market cap shrank by AED 2.152 billion ($585.8 million) during this week to reach AED 489.807 billion ($133.33 billion) compared to AED 491.959 billion ($134 billion) in the...