The Abu Dhabi Securities Exchange (ADX) closed on Tuesday at a slight increase of 0.09% or 4.41 pts to 4898.34 pts.

Turnover was seen at AED 201.45 million as around 90 million shares were traded through 1717 transactions. A total of 22 companies traded, of which 11 were in the red, 9 were in the green and 2 remained unchanged.

Market performance was mixed as the energy and industrial sectors declined by 1.43% and 1.30%, whereas the telecoms sector led gainers, after adding 0.44%, followed by the insurance and real estate sectors, both of which added 0.15%.

Green Crescent Insurance topped ADX gainers today, soaring by 12.36%, followed by Eshraq Properties with 4.59%. Meanwhile, Abu Dhabi Ship Building Materials (ADSB) topped losers, falling 8.57%, followed by Arkan Building Materials, National Takaful Co. (Watania) and Finance House (FH), which shed 5.33%, 5.00% and 4.71%.

Commenting on the market’s performance today, Gamal Aggag, general manager of Al Sherhan Centre for Bonds and Securities said that markets continue to maintain support levels, in spite of notable increases.

Companies’ financials, particularly those in the banking sector continue, to throw a limelight on stock performance, ignoring international markets’ decline, he told Mubasher, adding that the market witnessed limited collection operations, compared to previous sessions. Leading stocks have prompted the market’s rise, particularly real estate stocks following the announcement of several upcoming projects.

The National Bank of Abu Dhabi (NBAD) did not trade today owing to its Board of Directors’ meeting to approve and announce the Bank’s financials for the first nine months of 2014, which stood at AED 4.195 billion, registering a profit increase by 15%.

The absence of trading on NBAD significantly cut trading value and volume, Aggag highlighted, adding that he expects the share to increase during Wednesday’s session, making a positive impact on the market.