DFM down on blue chips at open

Dubai-Mubasher: Dubai Financial Market (DFM) opened at a decline in Tuesday’s early trades, weighed down by the fall of Arabtec Holding, Dubai Islamic Bank (DIB) and Emaar Properties.

The DFMGI levelled down 0.25% or 8.4 points to reach 3,298.03 points by 10:40am UAE time.

The real estate sector was the worst performer after declining 0.5%, pressured by Arabtec and Emaar which retreated by 0.5% each.

The banks sector slid 0.3% as DIB decreased 0.6%.

The investment sector lost 0.25% after Dubai Parks and Resorts went down 0.25%.

The market saw trading of 72.9 million shares through 844 transactions, with a turnover of AED 56.14 million.

Mubasher Contribution Time: 31-May-2016 07:39 (GMT)
Mubasher Last Update Time: 31-May-2016 07:39 (GMT)