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Abu Dhabi bourse falls the fifth session straight

The ADX General Index closed on Monday 1.40% lower at 3,479.13 points, representing a 3.5-month low. For the first time in 2013, the gauge has been moving for 4 sessions beneath the lower Bollinger Band, an indication for an oversold market. Abu Dhabi Ship Building gained the most (ending up 6.10% at Dhs1.22). Market bellwether Emirates Telecommunication Corp., known as Etisalat, closed flat at Dhs11.30. Dana Gas dived 3.70% to Dhs0.52. 112m shares were traded, valued at Dhs242m.