By: Mahmoud Gamal
Abu Dhabi – Mubasher: The main index of Abu Dhabi Securities Exchange (ADX) continued its upward trend for the third day in a row, as it closed Monday at the level of 4,390.9 points after adding 0.24% or 10.35 points.
“Trader’s purchases of mid-cap stocks and some blue chips led the market to close in green after a volatile performance,” capital market analyst Gamal Abdel Hamid told Mubasher.
Consumer goods was the best performing sector after rising 1.24% as Agthia Group advanced 1.6%.
The real estate sector also grew 1.23%, backed by Aldar Properties with an increase of 1.4%.
The banks sector went up 0.5% as First Gulf Bank gained 1.7%.
Meanwhile, the energy sector declined 2.7%, stung by Dana Gas and Taqa which shed 6.7% and 1.8% respectively.
Turnover decreased to AED 268.11 million from AED 468.75 million on Sunday. Trading volume also dropped to 268.11 million shares from 394.87 million shares exchanged yesterday.
Translated by: Elwy el-Manzalawy
