Banks, energy sectors push up ADX Monday

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index gained 68.2 points, or 1.39%, to close at 4,986.28 points in Monday, encouraged by the banks and the energy sectors.

The banks sector went up 2.85%, as RAK Bank soared 6.1%, while First Abu Dhabi Bank (FAB) increased by 3.23% and Abu Dhabi Commercial Bank (ADCB) added 2.21%.

The energy sector inched up 0.03%, as Dana Gas grew 1.75% and Taqa surged 5.83%.

On the other hand, the telecommunication sector and its only stock, Etisalat, lost 1.22% each.

The real estate sector sank 0.51% after Aldar Properties fell 0.5%, while RAK Properties went down 0.81% and Eshrak Properties declined 0.17%.

Union National Bank (UNB) topped the market in terms of trading value, with a turnover of AED 63.45 million.

Market capitalisation gained AED 4.688 billion to AED 495.869 billion.

Mubasher Contribution Time: 10-Sep-2018 12:06 (GMT)
Mubasher Last Update Time: 10-Sep-2018 12:10 (GMT)