By: Enas Bahgat

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) ended Monday’s session in green, after witnessing a drop in Sunday’s trading.

The general index rose 0.11% or 5.13 points to 4,523.51 points.

The rise was backed up by the increase in liquidity and the rise in stock prices, Eyad Al Buraiki, general manager of Al Ansari Exchange, told Mubasher.

Speculations on the low-priced stocks, such as Salama, Union Properties, AAN Digital, and Diyar, were very common in today’s session, Al Buraiki added.

The real estate sector rose 2.15%, pushed up by Aldar Properties and Eshraq, with 2.88% and 1.28%, respectively.

Finance House’s stock hiked 12.5% at close, after initial losses in early trading.

Abu Dhabi Commercial Bank also rose 1.23%, pushing up the banks sector to increase 0.15%.

Turnover grew to AED 206.6 million from AED 107.23, after trading 133.2 million shares, versus 70.13 million shares in the last session, through 1,715 transactions, as compared to 964 transactions the day before.

The market is witnessing positive attitude from the beginning of October, because of the increase in liquidity and the rise in oil prices, Al Buraiki said.

Dana Gas achieved the highest trading volume with 30.4 million shares, while Aldar Properties achieved the highest turnover with AED 50.9 million.

Technically, the ADX is going through a correctional period, after it hit a strong resistance level yesterday, head of FX and equity research at Capitol Academy Rabaa khssibi said.

Translated by: Mohammad Shokhba