By: Mahmoud Gamal
Dubai – Mubasher: The main index of Dubai Financial Market (DFM) declined on Monday by 0.38% or 12.67 points to the level of 3,323.43 points.
Market analyst Safwat Totah commented that the state of anticipation ahead of the US Federal Reserve’s decision continues to be a dominant factor in UAE markets.
Trading volume reached 238.15 million shares exchanged at AED 391.15 million, compared to 166.16 million shares exchanged on Sunday at AED 198.14 million.
The banks sector shrank 0.36% as Dubai Islamic Bank fell 0.8%.
The real estate sector also dropped 0.34%, pressured by a 0.95% fall in Emaar.
The investment sector shrank 0.33% as Dubai Investments retreated 0.5%.
Translated by: Elwy el-Manzalawy
