ADX closes near stable on real estate, banks Monday

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index did not go far from stability on Monday, pressured by both the real estate and banks sectors.

The general index inched down 1.91 points, or 0.04%, to 4,581.62 points.

The ADX’s trading volume nearly doubled to 160.9 million shares from 86.87 million on Sunday, while the market’s liquidity reached AED 183.25 million versus AED 83.65 million in the previous session.

The real estate sector lost 1.63% after Aldar Properties went down 1.87%.

The banks sector edged down 0.05, as Abu Dhabi Commercial Bank (ADCB) sank 0.9%.

On the other hand, the energy sector rose 1.26% after TAQA and Dana Gas soared 4.94% and 2.13%, respectively.

The consumer staples sector surged 3.63%, as Agthia ballooned 6.65%.

Dana Gas topped the ADX in terms of both volume and liquidity, with 68.67 million shares and a turnover of AED 67.65 million.

Mubasher Contribution Time: 02-Apr-2018 11:51 (GMT)
Mubasher Last Update Time: 02-Apr-2018 12:00 (GMT)