Abu Dhabi-Mubasher: The Abu Dhabi Securities Exchange (ADX) opened in the red on Monday, dragged down by the fall of the real estate and banks sectors, shrugging off the energy sector’s gains.
The general index shed 0.12% or 4.89 points to reach 4,569.97 points by 10:45am UAE time.
Turnover reached AED 32.84 million after trading 11 million shares through 345 transactions.
The investment sector topped losers with a 1.87% decline, weighed down by Waha Capital which slid 1.98%.
The real estate sector widened the market’s losses after falling 0.37% due to a decrease in Aldar Properties by 0.7%.
The banks sector slipped 0.06% as Abu Dhabi Commercial Bank (ADCB) lost 0.29%.
The consumer staples sector tumbled 1.71% after Agthia Group retreated 0.26%.
On the flipside, the energy sector rose 1.87% as TAQA and Dana Gas grew 2.08% and 1.82% respectively.