Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) closed Sunday’s trading session in red territory, dragged down by the real estate and banks stocks.
The ADX’s general index slipped 47.33 points, or 0.95%, to finish the first session after Eid Al Fitr holiday at 4,956.25 points.
Trading volume amounted to 23.00 million shares exchanged through 1,177 transactions at a turnover of AED 102.623 million.
The real estate sector fell by 2.03% as Aldar Properties shed 2.20%, while the banks sector fell 1.11% when Abu Dhabi Commercial Bank (ADCB) and First Abu Dhabi Bank (FAB) went down 2.67% and 1.21%, respectively.
Meanwhile, the telecommunication sector dipped 0.86% as Etisalat fell by the same percentage.
FAB was the most heavily traded stock with a turnover of AED 33.5 million, while Manazel was the most active stock in term of trading volume upon which 4.47 million shares were traded.
