Aldar weighs on ADX early Monday

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) opened Monday’s trades in the red, pressured by three stocks led by Aldar Properties.

By 10:25am UAE time,  or 2.8 points to 4,516.48 points, shrugging off analysts’ expectations.

Aldar Properties and Union National Bank (UNB) were among the main decliners, losing 1.06% and 0.46%, respectively.

On the other hand, BILDCO was the top gainer, rising 7.8%.

A total of 1.77 million shares were traded at a turnover of AED 4.7 million and through 55 transactions.

Mubasher Contribution Time: 22-Aug-2016 07:00 (GMT)
Mubasher Last Update Time: 22-Aug-2016 07:00 (GMT)