Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) lost ground on Monday, hurt by the energy and baking sectors.
The index slipped nearly 0.01% or 0.44 point to reach the 4,250.38 level.
Turnover increased from AED 145 million ($39.5 million) on Sunday to AED 222.159 million ($60.5 million), while traded volume increased from 68.17 million shares to 72.83 million shares.
Etisalat was the most active with a traded value of around AED 113.65 million, representing 51% of the total turnover.
The energy sector led decliners with a loss of 1.38%, pulled down by Dana Gas which shed 2.33%.
The banking sector retreated almost 0.47% on Abu Dhabi Commercial Bank and First Gulf Bank which fell 1.25% and 0.41%, respectively.
The local markets are expected to see a correction wave in the next period after the indices hit lower levels, analysts told Mubasher.
Rising 2.59%, Aldar pushed the real estate sector 1.92% higher.
Union Insurance was the best performer of the day, rocketing 12.04%, while Union Cement was the big drag, diving 10%.
Translated by Abdul Maguid Aboshahla
