Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index was stable on Monday, slipping by less than a point, to 2,977.78 points as the market – full of anticipation – longed for new incentives.
The transportation sector went down 0.5%, as Air Arabia declined 0.9% to AED 1.06, while the banks sector decreased by 0.32% after Emirates NBD and Dubai Islamic Bank (DIB) shed 0.5% and 0.3%, respectively.
The telecommunication sector and its only stock, du, sank 0.19% each.
In contrast, the consumer staples sector added 1.07%, as DXB Entertainments rose 1.2% to AED 0.341 and the investment sector gained 0.67% after Dubai Investments levelled up.
The real estate sector also increased by 0.25% on the back of Emaar Development and Emaar Malls.
The DFM’s trading volume reached 51.25 million shares, while the market’s liquidity recorded AED 93.88 million.
