Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) has maintained the bearish trend on Monday, pressured by declining blue-chip stocks amid investors being cautious over the current geopolitical scene.
By the end of Monday’s trading session, the ADX’s general index fell by 1.09% to 4,901.08 points.
Trading volume amounted to around 32.810 million shares exchanged at a turnover of AED 156.613 million, versus 41.623 million shares exchanged at a turnover of AED 50.927 million on Sunday.
The services sector headed declining sectors with 2.15%, followed by the energy sector which fell 2.01% as Taqa shed 2.06%.
Likewise, the investment sector fell by 1.26%, followed by the banks and telecommunication sectors.
The banks sector went down 1.06% as the heavyweight First Abu Dhabi Bank (FAB) slid 0.81% and the telecommunication sector dropped 1.24 as Etisalat shed 1.24%.
On the other hand, the real estate sector was the sole riser by 2.06%.
Market capitalisation closed the session at AED 499.593 billion, losing AED 5.922 billion.
