Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Monday on a high note, backed by a near-collective rise of its blue chips, led by Abu Dhabi Commercial Bank (ADCB), Aldar Properties, Etisalat, and First Abu Dhabi Bank (FAB).
The general index grew 0.50% to close at 4,971.43 points, while turnover amounted to AED 253.43 million after 50.51 million shares were exchanged through 1,953 transactions.
The investment sector led risers, adding 3.64% after Waha Capital increased 3.91%, while the consumer staples sector grew 1.7% on the back of Agthia’s 2.60% rise.
Meanwhile, the telecom sector and its sole stock Etisalat added 1.18% each, while real estate sector was up 0.81% after Aldar Properties gained 1.20%.
Moreover, the banks sector increased 0.48% after ADCB, FAB, and Union National Bank (UNB) gained 1.62%, 0.42%, and 0.21%, respectively.
On the other hand, the energy sector tumbled 2.5%, weighed by Dana Gas and TAQA, which retreated 3.98% and 3.92%, respectively.
FAB led the ADX’s stock in terms of value and volume on Monday with AED 155.32 million generated through the exchange of 10.78 million shares.