Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Monday, the first session in the Muslim holy month of Ramadan, on a negative note, dragged down by the drop of global equity markets and lower oil prices.
The ADX's general index decreased by 80.33 points, or 1.54%, to 5,146.13 points, registering its sharpest loss since 7 March.
The bourse’s trading volume hit 538.8 million shares exchanged 1,353 transactions with a turnover of AED 1.27 million.
The real estate sector fell 2.2% as Aldar Properties dropped 2.23%.
The consumer staples sector declined 2.12% after Agthia Group lost 3.16%.
The banks sector levelled down 1.9% as the heavyweight First Abu Dhabi Bank (FAB) slid 2.25% and National Bank of Umm Al Qaiwain (NBQ) tumbled as much as 9%.
The telecommunication sector and its only stock, Etisalat, went down 1.08%, each.
On the other hand, the energy sector inched up 0.77% after Abu Dhabi National Energy (Taqa) rose 4.9%, and Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) grew 0.76%, whereas Dana Gas edged down 0.21%.
