Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) saw a bearish performance in Monday’s early trades, amid the decline of investment and banks sectors.
The general index lost 0.16% or 7.53 points to reach 4,613.63 points by 10:45am UAE time.
The UAE stock markets are expected to continue seeing profit-taking on Monday, analysts earlier told Mubasher.
The investment sector slid 1.4% as Waha Capital levelled down 1.4%.
The banks sector decreased 0.5% after Abu Dhabi Commercial Bank (ADCB) and Union National Bank (UNB) fell 2.23% and 1.8% in a row.
On the other hand, the real estate sector increased as Manazel Real Estate and Aldar Properties added 1.6% and 0.7% in a row.
The telecom sector advanced 0.26% due to a rise in Etisalat by 0.26%.
Turnover reached AED 29.5 million after trading 17.7 million shares through 316 transactions.
