The Abu Dhabi Securities Exchange (ADX) closed Sunday on a low note for the fourth consecutive session, pressured by blue chips in the telecommunication, real estate, and energy sectors.
The general index shed 40.23 points, or 0.82%, to finish the first session of the week at 4,836.45 points.
The ADX’s trading volume reached 69.322 million shares exchanged through 916 deals at a turnover of AED 137.721 million.
The energy sector fell 1.93% after Taqa tumbled 7.92% and ADNOC Distribution dropped 2.17%.
The banking sector dropped 0.71% as First Abu Dhabi Bank (FAB) dipped 1.42%, while the telecommunication sector and its sole stock Etisalat levelled down 0.71% each.
The real estate sector went down 0.34%, dragged by Eshraq Properties which sagged 2.16%.