Dubai – Mubasher: The Dubai Financial Market (DFM) closed Sunday at a decline, pressured by leading stocks in the real estate and banks sectors.
The DFMGI shed 0.70% or 25.47 points to close the first session of the week at 3,631.76 points. Turnover amounted to AED 188.15 million after 118.57 million shares were traded through 2,206 transactions.
The real estate sector fell 0.98%, weighed by several of its stocks, as Arabtec Holding and Deyaar dropped 1.54% and 1.31%, respectively, while DAMAC, Emaar Malls, Union Properties, Emaar Properties retreated 1.28%, 1.24%, 1.13%, and 0.68%, respectively.
Meanwhile, the banks sector shed 0.24%, after Amlak Finance fell 2.73% and Emirates NBD declined 0.48%.
Union Properties was the most actively traded stock in terms of traded volume with 22.2 million shares, while Emaar Properties was the value leader with AED 33.3 million.
