Blue chips boost ADX at Monday's close

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index rose 0.64%, or 29.13 points, to 4,585.54 points on Monday, on the back of blue chips.

The trading volume increased to 129.3 million shares from 110.5 million shares on Sunday, with a turnover of AED 207.3 million, compared to AED 135.1 million in the previous session.

The telecommunication sector and its only stock Etisalat went up 1.13% each.

The real estate sector levelled up 0.72% after Al Qudra Holding, Manazel Real Estate, Eshraq Properties, and Aldar Properties rose 3.85%, 3.39%, 1.28%, and 0.88%, respectively.

The banks sector grew 0.46%, as Sharjah Islamic Bank, Abu Dhabi Islamic Bank (ADIB), RAKBank, and First Abu Dhabi Bank (FAB) gained 2.94%, 2.63%, 1.08%, and 0.46%, respectively.

Manazel Real Estate’s stock was the most actively-traded stock on the ADX in terms of volume, with 36.6 million shares, while Abu Dhabi Commercial Bank (ADCB) led the market in terms of liquidity, with a turnover of AED 38.7 million through 349 transactions.

MUBASHER Contribution Time: 08-Jan-2018 12:17 (GMT)
MUBASHER Last Update Time: 08-Jan-2018 12:22 (GMT)