ADX closes in red Monday

Abu Dhab-Mubasher: The Abu Dhabi Securities Exchange (ADX) erased its early gains on Monday, dragged down by the fall of energy and banks stocks.

The main index fell 0.1% or 4.6 points to reach 4,495.13 points.

The energy sector led losers after declining 0.4%, weighed down by TAQA which slid 1.85%.

The banks sector retreated 0.21% as Sharjah Islamic Bank and First Gulf Bank (FGB) fell 1.9% and 0.4% respectively.

The real estate sector decreased 0.13% after Eshraq Properties slid 1.25%. However, Eshraq was the most active stock after trading 23.78 million shares, with a turnover of AED 18.99 million.

Turnover stood at AED 88.44 million on Monday, compared to AED 68.78 million. Trading volume reached 61.92 million shares, compared to 54.44 million shares.

Mubasher Contribution Time: 29-Aug-2016 11:17 (GMT)
Mubasher Last Update Time: 30-Aug-2016 11:31 (GMT)