Abu Dhabi – Mubasher: The benchmark index of Abu Dhabi Securities Exchange (ADX) shrank 0.22% to 4,132.41 points in Monday’s early trading, due to the fall of telecom and banks sectors.
“The ADX tends to decline in light of the absence of internal catalysts and deepening losses in global markets,” markets analyst, Hareb Al Muhairi, told Mubasher.
Trading volume came to 23.53 million shares worth AED 22.81 million distributed across 139 transactions.
The telecom sector led the decliners with a 0.31% decrease, as Etisalat moved downward, and the banks sector dipped 0.25%, as Abu Dhabi Commercial Bank and National Bank of Abu Dhabi plummeted 2.03% and 0.8% respectively.
Dana Gas was the most active share with 10.23 million shares exchanged at AED 20.46 million through 28 trades, the share stood at AED 0.50.
The Abu Dhabi Securities Exchange (ADX) closed the first session in the week in green, supported by the banks sector.
