Abu Dhabi – Mubasher: The banks sector on the Abu Dhabi Securities Exchange (ADX) was the value leader on Monday, acquiring around 49% of total turnover with AED 111.12 million and a volume of 16 million traded shares.
Abu Dhabi Commercial Bank (ADCB) registered AED 51.61 million in traded value, followed by First Abu Dhabi Bank (FAB) with AED 45 million.
The banks sector grew 1.19% on Monday to 7,541.3 points, its highest level in almost eight sessions.
Four stocks in the sector ended the session in the green, led by the National Bank of Umm Al Qaiwain with 7.14%, while FAB grew 1.47%.
Sharjah Islamic Bank was the only loser in the sector, falling 2.19%.
Abu Dhabi Islamic Bank (ADIB) was stable at the end of the session at AED 3.8 after 252,000 shares changed hands at a turnover of around AED 1 million. Earlier today, ADIB announced dropping loans from 600 UAE citizens.
The ADX general index closed Monday’s trades in the green, adding 1.12% to close at 4,397.38 points.
