Dubai – Mubasher: The Dubai Financial Market (DFM) closed Sunday’s trading session with negative performance, pressured by the drop of the investment, real estate and banks sectors.
The general index fell 0.31%, or 7.97 points, ending the first session of the week at 2,537.68 points.
The DFM’s trading volume reached 75.9 million shares exchanged with a turnover of AED 92.5 million through 1,690 transactions.
The investment sector topped decliners after falling 0.85% as Amlak Finance went down 3.25%, while the real estate sector plunged 0.78% as Emaar Mall and Arabtec retreated 3.37% and 0.95%, respectively.
Similarly, the banks sector levelled down 10% on the back of Ajman Bank’s 3.79% drop.
On the other hand, the telecommunication sector and its only stock, du, rose 1.4% each.
By the end of the session, Dubai Islamic Bank’s (DIB) stock led the market in terms of trading volume with 3.71 million shares, generating QAR 18.9 million in liquidity.
