Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Monday’s trading session on a negative note due to the accelerating sell-off transactions on some stocks before the Eid Al Adha holiday.
The ADX’s general index fell 96.77 points, or 1.87%, to 5,083.16 points.
Trading volume amounted to 69.109 million shares exchanged at a turnover of AED 226.46 million through 2,640 transactions.
The telecommunication sector headed the decliners with a drop of 2.64% after its sole stock Etisalat fell by the same percentage.
The banks sector went down as well by 1.92% when First Abu Dhabi Bank (FAB) and Abu Dhabi Commercial Bank (ADCB) tumbled 2.35% and 2.04%, respectively.
Similarly, the real estate sector fell by 1.42% as Aldar Properties decreased by 1.35%, and the energy sector inched down 0.03% when Dana Gas slipped 0.97%.
Market capitalisation shed AED 8.892 million and closed the session at AED 517.886 million.
