Banks, real estate push down ADX Monday

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index lost 17.16 points, or 0.37%, to close at 4,682.27 points on Monday, dragged down by the banks and real estate sectors.

The ADX’s trading volume rose to 68.84 million shares from 63.35 million on Sunday, while the market’s liquidity increased to AED 116.67 million versus AED 101.7 million in the previous session.

The banks sector went down 1.14% after First Abu Dhabi Bank (FAB) sank 1.59%, while the real estate sector declined 0.24%, as Aldar Properties decreased by 0.47%.

By contrast, the energy sector surged 3.46% after TAQA soared 4.67%.

Dana Gas gained 4.26%, while ADNOC distribution added 1.2%.

The telecommunication sector and its only stock, Etisalat, grew 0.29% each.

Mubasher Contribution Time: 16-Apr-2018 11:40 (GMT)
Mubasher Last Update Time: 16-Apr-2018 11:43 (GMT)