ADX maintains early gains in mid-session

Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) saw a positive performance in Monday’s mid-session, backed by the rise of three sectors led by the real estate and telecom.

The general index advanced 0.11% or 4.54 points to reach 4,005.25 points by 12:10 pm UAE time.

Turnover reached AED 94.59 million after 72.63 million shares were traded through 881 transactions.

The real estate sector led gainers after adding 1.61% due to a rise in Eshraq Properties and Aldar Properties at 2.17% and 1.82%, respectively.

The telecom sector increased 0.64%, spurred by Etisalat.

The banks sector gained 0.17% as Abu Dhabi Islamic Bank and First Gulf Bank grew 2.49% and 0.45%, respectively.

On the flipside, the energy sector declined 1.83% after TAQA retreated 8.33%.

Mubasher Contribution Time: 14-Dec-2015 08:33 (GMT)