Banks boost ADX at Monday’s close

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Monday’s trading session in positive territory for the fourth time in a row, supported by the growth of the banks sector.

The general index increased by 30.54 points, or 0.61%, closing the session at 4,999.23 points.

The ADX’s trading volume reached 25.80 million shares exchanged with a turnover of AED 119.32 million through 1,380 transactions.

The banks sector topped gainers with 1.33% as Abu Dhabi Islamic Bank (ADIB) and First Abu Dhabi Bank (FAB) rose 1.95% and 1.65%, respectively.

Similarly, the investment sector levelled up 1.03% on the back of Waha Capital’s 1.12% increase.

On the negative side, the energy sector headed decliners after falling 2.52% due to Abu Dhabi National Energy’s (TAQA) 4.21% drop, while the real estate sector fell 0.62% as Aldar Properties went down 0.65%.

Mubasher Contribution Time: 14-Jan-2019 11:26 (GMT)
Mubasher Last Update Time: 14-Jan-2019 11:30 (GMT)