Abu Dhabi-Mubasher: Abu Dhabi Securities Exchange (ADX) closed at a decline on Monday, in line with a rise in trading activity backed by Commercial Bank International (CBI).

The general index fell 0.88% or 37.65 points to reach 4,259.54 points.

Turnover rose to AED 451.577 million on Monday, compared to AED 83.177 million on Sunday.

Trading volume increased to 229.691 million shares, compared to 81.5 million shares.

CBI was the value leader with a turnover of AED 385.31 million generated from the exchange of 192.652 million shares, adding 1% at close.

The banks sector was the worst performer after declining 2.03%, weighed down by National Bank of Abu Dhabi (NBAD), First Gulf Bank (FGB) and Abu Dhabi Islamic Bank (ADIB) which retreated 7.2%, 2.04% and 1.31%, respectively.

The real estate sector declined 0.63% as Aldar Properties lost 0.76%.

On the flipside, the telecom sector increased 0.86% due to a rise in Etisalat by 0.86%.