DFM down on Thursday amid lower market cap

Dubai – Mubasher: The benchmark index of Dubai Financial Market (DFM) closed Thursday’s trading session at 2,769.58 points, down 0.08% or 2.18 points, unlike its upward performance on Wednesday, 5 February.

A total of 107.86 million shares were exchanged through 2,349 transactions at a value of AED 215.07 million.

The market cap value retreated by around AED 780 million to AED 381.16 billion from AED 381.94 billion in the previous session.

Regarding the sectors, the consumer staples fell by 2.08%, followed by the investment and financial services with 0.73% and the banks with 0.28%, while the services and real estate segments rose by 0.97% and 0.59%, respectively.

Meanwhile, Al Madina for Finance and Investment topped 14 decliners with 6.74%, while Khaleeji Commercial Bank led 12 gainers with 14.91%.

GFH Financial Group posted the highest trading volume of 19.91 million shares, while Dubai Islamic Bank (DIB), down 0.18%, recorded the highest turnover of AED 42.90 million.

Arabtec Holding, DXB Entertainments, Emirates NBD, and Damac Properties were the losing blue chips with 2.90%, 1.10%, 1.11%, and 0.15%, respectively, while Emaar Properties was the rising blue chip with 0.76%.

Mubasher Contribution Time: 06-Feb-2020 12:53 (GMT)
Mubasher Last Update Time: 06-Feb-2020 12:53 (GMT)