Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange's (ADX) benchmark rose 0.96% or 39.41 points to close Monday at the 4,135.99 points, fuelled mainly by the real estate sector, in addition to telecoms and banks.
Turnover declined by 5.75% to AED 227.8 million, compared with AED 241.7 million on Sunday. Traded volume also dropped to 75.4 million shares from 115.5 million shares.
The investment sector was the top riser with a gain of 4.75%, helped by Waha Capital.
Analysts earlier today said the local markets would take some time to restore investor confidence after the recent declines.
The real estate sector climbed 3.47% powered by Eshraq and Aldar which leapt 4.17% and 3.33%, respectively.
Etisalat pushed the telecom sector to close 1.64% higher after the news about the operator’s inclusion in MSCI Emerging Markets Index.
The banking sector edged up 0.63%, spurred by First Gulf Bank which rose 1.68% and Abu Dhabi Islamic Bank which was up 0.78%.
On the other hand, the services sector was the biggest faller with a loss of 3.8%, hurt by Abu Dhabi Aviation which dived 6.9%.
Translated by Abdul Maguid Aboshahla
