ADX ends Monday in decline

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Monday’s trading session in negative territory, pressured by the fall of the real estate, banks and energy sectors.

The general index plunged by 19.57 points, or 0.39%, closing the session at 4,955.74 points.

The ADX’s trading volume reached 24.97 million shares exchanged with a turnover of AED 200.10 million through 1,392 transactions.

The real estate sector topped decliners with 1.02% as Aldar Properties retreated 1.31%, while the banks sector went down 0.63% after Abu Dhabi Commercial Bank (ADCB) dropped 1.30%.

Similarly, the energy sector levelled down 0.53% as Dana Gas decreased by 0.52%.

On the other hand, the telecommunication sector and its sole stock, Etisalat, went up 0.36% each.

By the end of the session, First Abu Dhabi Bank’s (FAB) led the market in terms of trading volume with 8.32 million shares, generating AED 120.67 million in liquidity. 

Mubasher Contribution Time: 21-Jan-2019 11:51 (GMT)
Mubasher Last Update Time: 21-Jan-2019 11:54 (GMT)