ADX kicks off in red, hit by telecom blue chip

Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) saw a negative performance on Monday morning, pressured by Etisalat.

The general index declined 0.2% or 9.4 points to reach 4,350.77 points by 10:30am UAE time.

The telecom sector fell 0.8% after Etisalat retreated 0.8%.

The banks sector levelled down 0.12% as Invest Bank decreased 5.4%.

On the flipside, the real estate sector added 0.9, boosted by Aldar Properties which was 1.12% higher.

Turnover reached AED 6.46 million after 8.3 million shares were traded through 90 transactions.

Mubasher Contribution Time: 04-Apr-2016 06:36 (GMT)