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Three sectors push up ADX Monday

Three sectors push up ADX Monday
Market capitalisation gained AED 1.61 billion on Monday

Abu Dhabi– Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index added 13.12 points, or 0.27%, to close at 4956.19 points on Monday, buoyed by the energy, banks and telecommunication sectors.

The ADX’s trading volume amounted to 78.33 million shares exchanged at a turnover of AED 200.506 million.

The market capitalisation gained AED 1.61 billion to reach AED 491.577 billion on Monday versus AED 489.962 billion recorded at Sunday’s close.

The energy sector upped 1.53%, supported by TAQA, which gained 3.60%.

The telecommunication sector and its sole stock, Etisalat, rose 0.60% each.

The banks sector levelled up 0.08% after the First Abu Dhabi Bank (FAB) posted a 0.41% increase as the lender is bracing to reveal its much-anticipated third-quarter earnings. 

The consumer staples sector was the top gainer after it has recorded a 3.60% increase supported by Agthia’s stock that rose 5.56%.

The real estate sector dropped 0.11% after Eshraq Properties fell 0.98%.