Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) opened in the red, following the decline of major sectors of the real estate, banks and telecom.
The main gauge declined 0.46% or 19.2 points to reach 4,177.92 points by 10:50am UAE time.
UAE markets are likely to continue to hold till the end of this week amid trading on some blue-chip stocks, analysts told Mubasher.
The real estate sector declined 1.92% as Aldar Properties and Eshraq Properties fell 1.76% and 3.85%, respectively.
The banks sector retreated 0.4% after First Gulf Bank, while National Bank of Abu Dhabi and Abu Dhabi Commercial Bank remained unchanged.
The telecom lost 0.31% as Etisalat declined to AED 15.85.
Turnover reached AED 14.26 million after 4.78 million shares were traded through 151 transactions.
