Shares on the Abu Dhabi bourse closed in the positive territory on Monday, lifted by blue-chips stocks in the banking sector amid high turnover.

ADX, the main benchmark stock index, jumped 0.9% or 45.85pts to 5128.57 points.

“FGB, and NBAD served as the main boost to the index. Investors are back to the market now and we could see a rally streak in the few coming session,” said Nabil Hyder, head of Gulf Research in Al Madina Investment.

Shares in First Gulf Bank and National Bank of Abu Dhabi climbed 1.63% and 0.53% respectively, while shares in heavy weight Aldar gained 1.75%.

Turnover stood at AED 532.6 million, through the trade of 177.6 million shares.