Banks, energy drag down ADX Monday

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index lost 0.53% or 25.99 points to close at 4871.58 points on Monday, weighed down by the banks and energy sectors.

The ADX’s trading volume reached 26.34 million shares, while the market’s liquidity hit AED 120.513 million.

The First Abu Dhabi Bank (FAB) was the most active stock in terms of trading value, generating AED 4.50 million, while Aldar Properties generated the highest volume after 4.43 million shares were exchanged.

The banks sector plummeted 0.89% after FAB fell 1.41%.

The energy sector was down 0.19% after TAQA fell 1.85%.

The services sector dipped 1.25% after National Corporation for Tourism and Hotels lost 9.9%

On the other hand, the real estate sector upped 0.52% as Aldar Properties and Manazel Real Estate gained 1.19% and 2.14%, respectively.

The telecommunication sector and its sole stock, Etisalat, gained 0.12%.

Mubasher Contribution Time: 29-Oct-2018 12:07 (GMT)
Mubasher Last Update Time: 29-Oct-2018 12:07 (GMT)