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ADX down on Monday; market cap loses AED 2.95bn

ADX down on Monday; market cap loses AED 2.95bn
The real estate sector came on top of the decliners

Abu Dhabi – Mubasher: The main index of Abu Dhabi Securities Exchange (ADX) went down by 0.68% or 29.22 points to stand at 4,275.33 points by the end of Monday's trading session.

Turnover recorded AED 89.75 million after 23.64 million shares were traded through 1,267 transactions.

The market cap value decreased by AED 2.95 billion to AED 484.47 billion, compared to AED 487.42 billion during the previous session.

The real estate sector came on top of the decliners with 1.05%.

Al Qudra Holding topped the losing stocks with 4.41%, while Ras Al Khaimah Co. for White Cement and Construction Materials (RAKWCT) headed the rising stocks with 14.58%.

First Abu Dhabi Bank (FAB) was the most active stock with 3.96 million traded shares traded at AED 43.80 million.

Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) led the losing blue chips with 2.31%.