Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) saw losses amid a decline in trading activity on Sunday.
The general index lost 0.96% or 43.37 points to reach 4,481.04 points.
Turnover reached AED 172.83 million on Monday, compared to AED 347.84 million on Sunday. Trading volume stood at 33.72 million shares, compared to 64.73 million shares.
The banks sector slid 1.99% as First Gulf Bank (FGB) and Abu Dhabi Commercial Bank (ADCB) fell 3.44% and 2.42% respectively. However, National Bank of Abu Dhabi (NBAD) trimmed the sector’s losses after adding 4.35%.
First Gulf Bank (FGB) and NBAD were the value leaders after generating AED 66.85 million and AED 52.75 million respectively, backed by the news on a possible merger between both lenders.
The energy sector levelled down 0.78% after TAQA slipped 3.7%.
The real estate sector declined 0.57% as Aldar Properties slid 0.72%.
