Dubai – Mubasher: The Dubai Financial Market’s (DFM) index fell by 17.8 points, or 0.63%, to close at 2,790.16 points on Thursday, the last session of the week, ending a ten-session winning streak.
The DFM’s turnover amounted to AED 219.760 million on Thursday after 168.178 million shares were exchanged through 2,569 transactions.
The banks sector retreated 1.28% as Mashreq Bank and the heavyweight Emirates NBD declined 6.75% and 1.67%, respectively.
Similarly, the investment sector went down 0.37% as Dubai Financial Market’s (DFM) stock decreased by 2.25%.
Meanwhile, the real estate sector tumbled 0.24% after Arabtec Holding dropped 1.40%.
On the other hand, the transportation sector was the top gainer with 0.63% as Aramex grew 1.05% after the company’s ordinary general meeting (OGM) approved to distribute 16.5% of the capital as cash dividends for fiscal year 2018.
Emaar Properties’ stock led the DFM in terms of turnover with AED 30.27 million, while GFH Financial Group’s stock registered the highest trading volume of 25.76 million shares.
