Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) saw an upward trend in Sunday’s early trades, spurred by the rise of banks sector.
The general index rose 0.05% or 2.08 points to reach 4,238.48 points by 11:40am UAE time.
Turnover reached AED 63.9 million after 16.58 million shares were traded through 539 transactions.
The UAE capital markets are forecasted to continue their sideway trend which tends to be declining in the coming period, amid lack of catalysts and anticipation of global events, analysts earlier told Mubasher.
The banks sector added 2.25% as National Bank of Abu Dhabi and First Gulf increased 8.7% and 2.5%, respectively.
The energy sector advanced 2.02% as Dana Gas rose 2.08%.
The telecom sector led decliners as Etisalat levelled up 4.5%.
