ADX opens lower on Etisalat

Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) saw a downward trend in Monday’s early trades, weighed by the real estate and banks sectors.

The general index declined 0.86% or 39.12 points to reach 4,517.31 points by 10:48am UAE time.

The market saw trading of 145.11 million shares through 928 transactions, with turnover of AED 138.5 million.

The telecom sector fell 1.15% after Etisalat levelled down 1.15%.

The real estate sector decreased 0.07% as Aldar Properties retreated 0.4%.

On the flipside, the banks sector advanced 0.11% due to an increase in National Bank of Abu Dhabi (NBAD) by 0.23%. 

Mubasher Contribution Time: 07-Mar-2016 06:57 (GMT)