Dubai – Mubasher: The Dubai Financial Market (DFM) closed Sunday’s trading session in the red territory, pressured by the banks, telecommunication, and real estate sectors.
The DFM’s general index inched up 0.63%, or 16.38 points, to finish the first session of the week at 2,578.14 points.
Turnover amounted to AED 130.53 million after 81.25 million shares exchanged hands through 1,161 transactions.
The telecommunication sector and its sole stock, Du, went down 1.18% each, followed by the real estate sector with 0.62% as Union Properties and Emaar declined 1.07% and 0.84%, respectively.
Similarly, the banks sector plunged 0.61% on the back of Ajman Bank’s 1.22% drop.
Meanwhile, the consumer staples sector topped gainers after adding 0.22% as Tabreed increased by 0.59%.
