Abu Dhabi shares fall across the board
The Abu Dhabi Securities Exchange General Index (ADXGI) declined by 1.75 per cent to close at 4,857.79 points on Monday, March 3. Food and beverages firm Agthia gained the most, closing 1.11 per cent higher at AED4.55. United Arab Bank posted the biggest drop, ending off by 9.56 per cent at AED7.85. Global worries over a military escalation in the Krim crisis between Russia and Ukraine – completely overshadowing the ongoing civil war in Syria – weighed on the market. National Bank of Abu Dhabi, the biggest lender in the UAE capital, dived by 4.21 per cent to AED14.80.