ADX opens lower on telecom sector Monday

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) suffered losses in Monday’s early trades, dragged down the decline of the telecom sector

The general index declined 0.04% or 1.63 points to reach 4,260.23 points by 10:30am UAE time.

The telecom sector was the worst performer with a 0.83% decrease, weighed down by Etisalat which sank 0.83%.

On the other hand, the energy sector rose 1.43% as Dana Gas increased 1.8%.

Turnover stood at AED 10.78 million after trading 7.84 million shares through 109 transactions.

Mubasher Contribution Time: 05-Dec-2016 06:50 (GMT)
Mubasher Last Update Time: 05-Dec-2016 06:50 (GMT)