DFM ends Monday in red

Dubai – Mubasher: The Dubai Financial Market (DFM) has closed Monday’s trading session in red territory amid selling pressures on real estate stocks.

The DFM’s general index slipped 6.76 points, or 0.26%, finishing the session at 2,575.04 points.

The investment sector led the decliners with 1.17% as Amanat fell 1.1% to AED 0.989.

The real estate sector dipped 0.71 when Emaar Development, Damac, and Deyaar tumbled by percentages ranging between 1.5% and 1.3%.

Moreover, the investment and transport sectors shed 0.51% and 0.25%, respectively.

The telecommunication sector fell as well, sliding 0.2% as du went down by the same percentage.

On the other hand, the insurance sector rose 3.19% when Dar Al Takaful jumped 6.16% to AED 0.5.

Trading volume amounted to 124.39 million shares exchanged through 2,429 transactions at a turnover of AED 81.75 million.

Mubasher Contribution Time: 27-May-2019 11:09 (GMT)
Mubasher Last Update Time: 27-May-2019 11:13 (GMT)