Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) continued its upward trend on Monday, backed by increases in the telecom and banks sectors, shrugging off declines in the real estate and energy sectors.
Trading volume reached 236.55 million shares on Monday, compared to 188.50 million shares on Sunday. Turnover stood at AED 226.9 million, compared to AED 200.42 million.
The telecom sector led risers after gaining 1.25% due to a positive performance by Etisalat’s stock.
The banks sector levelled up 1.06% as National Bank of Abu Dhabi (NBAD), followed by Dubai Islamic Bank (DIB) and First Gulf Bank (FGB) which grew 2.17%, 1.45% and 1.30%, respectively.
On the flipside, the energy sector declined 3.24% after Dana Gas retreated 3.92%.
The real estate sector levelled down 0.81% due a drop in RAK Properties and Aldar Properties.
