Abu Dhabi-Real estate stocks continued to dominate trading on the Abu Dhabi Securities Exchange (ADX), but did little on Monday to help the benchmark index counter profit-taking by investors.
The Abu Dhabi real estate stocks continued to dominate trading on the Abu Dhabi Securities Exchange (ADX), but did little yesterday to help the benchmark index counter profit-taking.
This has helped push up share prices of blue chip stocks that have a larger influence on the main indices."Foreign investors continue to be dominant in the market, but there is demand from both local and foreign investors, mainly on the index counters
with lacking supply to match," said Genghis Capital analysts in a note Thursday.
Among the composite index counters
, Digi.Com, added 11 sen to RM4.65, PetGas increased 42 sen to RM18.42, PMetal gained 19 sen to RM5.02, PetDag improved 68 sen to RM26.76 and PChem rose six sen to RM8.51.