Abu Dhabi – Mubasher: Abu Dhabi Securities Exchange (ADX) ended Sunday’s session on a down note, weighed by telecom and real estate sectors and shrugging off the rise of energy and bank sectors.
The main gauge lost 0.22% or 9.24 points to close at 4,250.82 points.
Sunday’s turnover fell to AED 145 million ($39.5 million), down 61.5% from AED 376.6 million ($102.510 million). Traded volume also decreased to 68.17 million shares from 93.9 million shares.
The energy sector was the top gainer, with a jump of 4.44%, backed by Dana Gas that rose 4.88% after a London court ruling that obligated Kurdistan government to pay $100 million (AED 367 million) to the company.
The banks sector inched up by 0.10% powered by NBAD (+3.16%), Invest Bank (+1.49%), ADCB (+0.47%) and FGB (+0.41%). Meanwhile, UNB drifted lower by 9.97%.
The telecom sector sagged 1.24% due to Etisalat stock. The real estate sector fell by 0.85% hurt by Aldar that was off 1.28%. The consumer staples sector was down 1.67% after Agthia lost 1.94%.
Market capitalisation lost around AED 1.4 billion ($381 million) to reach AED 407.65 billion ($110.961 billion).
Etisalat stock dominated the biggest traded value reaching AED 73.84 million, upon trading 4.60 million shares.
