DFM closes Tuesday on marginal decline; market cap loses AED 30m

Dubai – Mubasher: Dubai Financial Market (DFM) closed Tuesday’s trading session on a negative note, reversing its earlier gains after an upward performance on Monday, 2 March.

The benchmark index inched down by 0.02% or 0.45 points to 2,536.21 points.

A total of 144.29 million shares were traded through 2,816 transactions at a total value of AED 183.67 million.

The market cap value dropped by around AED 30 million to AED 358.34 billion from AED 358.37 billion in the previous session.

As for the sectors, the consumer staples topped the decliners with 1.07%, followed by the real estate with 0.02%, while banks increased by 0.75%.

Meanwhile, Khaleeji Commercial Bank led 19 losing stocks with 9.88%, while Al Madina for Finance and Investment headed 11 winners and surged by 4.55%.

Union Properties posted the highest trading volume of 35.03 million shares, while Emaar Properties recorded the highest turnover of AED 32.63 million.

Dubai Investments came on top of the losing blue chips with 3.12%, while Arabtec Holding led the rising blue chips with 1.10%.

 

Mubasher Contribution Time: 03-Mar-2020 11:25 (GMT)
Mubasher Last Update Time: 03-Mar-2020 11:51 (GMT)