Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Monday in decline for the third consecutive session, pressured by the drop of three sectors.
The bourse’s general index dropped 48.03 points, or 0.96%, to finish at 4,954.23 points.
The ADX’s trading volume reached 63.311 million shares on Monday, compared to 55.12 million on Sunday, while the market’s liquidity hit AED 254.545 million, up from AED 104.584 million.
Abu Dhabi Islamic Bank’s (ADIB) stock, which surged 13.39% to AED 4.15, acquired 45% of the market’s liquidity.
The telecommunications sector and its only stock, Etisalat, declined 2.09%, each, while the real estate sector tumbled 1.62% after Aldar Properties’ stock levelled down 1.71%.
The banks sector fell 0.62% as the First Abu Dhabi Bank (FAB) shed 0.98%.
On the positive side, the energy sector edged up 0.38% after Dana Gas hiked 0.88%, while Abu Dhabi National Energy (Taqa) dropped 0.93%.
