By: Enas Bahgat
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index retreated at Monday’s close for the third successive session.
The ADI lost 0.14% or 6.11 points to close at 4,456.65 points.
Sunday's selling transactions were supposed to support stocks’ prices and the index's movement on Monday between the levels of 4,465 and 4,494 points, technical analyst at the African Economic Council Mona Mostafa told Mubasher.
The real estate sector levelled down 0.89% after Aldar Properties sank 1.25%.
The banks sector shed 0.31%, pressured by First Abu Dhabi bank (FAB) and Abu Dhabi Islamic Bank (ADIB), which decreased by 0.97% and 0.53%, respectively.
The DFM’s trading volume nearly doubled to 47.6 million shares from 27.2 million shares on Sunday, while the market’s turnover increased to AED 86.7 million through 641 transactions, versus AED 83.97 million in the previous session.
FAB was the most actively-traded stock in terms of volume, with 4.2 million traded shares, generating AED 42.9 million through 147 transactions.
Translated by: Muhammad Abdulwakeel
