Dubai – Mubasher: The Dubai Financial Market (DFM) closed Sunday’s trading session on a negative note as the blue-chip stocks have seen quick profit-taking.
The DFM’s general index slid 17.67 points, or 0.63%, to 2,780.54 points.
Trading volume amounted to 47.33 million shares that were exchanged at a turnover of AED 42.61 million through 889 transactions.
Market capitalisation shed AED 1.56 billion and closed the session at AED 365.42 billion.
The real estate sector tumbled by 0.95% as Emaar Properties went down by 0.64% to AED 4.63 and Damac Properties slipped 0.22% to AED 0.91.
The banks sector fell by 0.41% as Dubai Islamic Bank went down by 0.95% to AED 5.24, followed by the consumer staples and the investment and financial services sectors.
Meanwhile, the services sector remained stable as compared to Thursday’s trading session.
Union Properties was the most active stock by volume after seeing a trading volume of 10.29 million shares, while GFH, listed on the DFM, Boursa Kuwait, and Bahrain Bourse, was the most active stock by value with a turnover of AED 7.73 million.
