Dubai – Mubasher: The Dubai Financial Market (DFM) closed Thursday’s session on a low note as traders hurried some profit-taking particularly in the real estate sectors.
The general index slipped 0.15% or 4.6 points to close at 2,973.94 points.
Turnover declined to AED 97.47 million from AED 99.33 million on Wednesday, while volumes increased slightly to 68.84 million from 57.16 million shares traded in the previous session.
The real estate sector led Thursday’s fallers, after Drake & Scull International (DSI) dropped 3.5% to AED 0.636, while Union Properties tumbled 1.11% to AED 0.710 and Arabtec Holding lost 1.01% to AED 1.97. These companies have not disclosed their financial results for the first half of 2018.
Moreover, Emaar Properties’ stock decreased 0.74% to AED 5.33 and Emaar Development lost 0.4% to AED 5.13.
In the banks sector, Emirates NBD, the heaviest weighted stock in the DFMGI, shed 0.47% to AED 10.55, while the investment sector’s DFM Company shed 0.51% to AED 0.975.
