Abu Dhabi – Mubasher: Aldar Properties’ stock opened Sunday, and the week, in the red falling 0.8% to AED 2.28 on the Abu Dhabi Securities Exchange (ADX).

By 10:54 am UAE time, Aldar’s stock saw a turnover of AED 10.7 million after 4,700 shares changed hands, making up around 33% of the ADX’s total turnover.

In the meantime, the ADX’s general index declined 0.38% or 17.13 points to 4,437.96 points, in line with analysts’ expectations.

The Abu Dhabi bourse saw 19.4 million shares exchanged through 229 transactions, generating AED 32.4 million.

The real estate sector shed 0.96%.

Earlier on Sunday, analysts told Mubasher that they expected the UAE’s two bourses to extend their declines from last week as investors await third quarter financial disclosures set to start in October.