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ADX down on Monday; market cap records AED 453.9bn

ADX down on Monday; market cap records AED 453.9bn
Turnover amounted to AED 144.04 million

Abu Dhabi – Mubasher: The main index of Abu Dhabi Securities Exchange (ADX) ended Monday's trading session on a red note after losing 4.52 points or 0.11% to settle at 4,060.51 points, maintaining its negative performance on Sunday, 17 May.

The market cap valued declined by AED 250 million to AED 453.91 billion, compared to AED 454.16 billion during the previous session.

Turnover amounted to AED 144.04 million following the exchange of 46.62 million shares through 2,133 transactions.

The telecommunications sector headed the decliners with 0.52%, while the energy segment topped the risers with 2.10%.

Ras Al Khaimah Ceramics (RAK Ceramics) came on top of the red zone with 4.03%, while Gulf Pharmaceutical Industries (Julphar) led the green zone with 14.94%.

 Abu Dhabi National Oil Distribution Company (ADNOC Distribution) was the most active stock with 10.73 million shares traded at a total value of AED 30.04 million.

Abu Dhabi Islamic Bank (ADIB) topped the losing blue chips with 0.91%, while Dana Gas led the rising blue chips with 3.63%.