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ADX falls Sunday on top sectors’ losses

ADX falls Sunday on top sectors’ losses
The ADX’s trading volume was 27.62 million shares worth AED 52.938 million.

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index lost 0.92% or 45.66 points to close at 4,943.08 points on Sunday, dragged down by the real estate, banks, and energy sectors.

The ADX’s trading volume was 27.62 million shares worth AED 52.938 million.

The real estate sector dropped 2.48% after Aldar Properties fell 2.89%.

The banks sector plunged 0.98% after the First Abu Dhabi Bank (FAB) plummeted 1.36% notwithstanding a 0.27% rise by Abu Dhabi Islamic Bank (ADIB).

The energy sector lost 0.85% after TAQA and ADNOC Distribution declined 2.63% and 1.78%, respectively.

The telecom sector and its stock Etisalat also fell 0.60%.