Dubai – Mubasher: The Dubai Financial Market (DFM) closed Tuesday’s trading session with negative performance, dragged down by the real estate sector.
The general index went down 6.08 points, or 0.24%, ending the mid-week session at 2,528.72 points.
The DFM’s trading volume stood at 198.42 million shares by the end of Tuesday, compared to 173.47 million on Monday, while liquidity went up to AED 171.06 million against AED 148.94 million in the previous session.
The transportation sector topped decliners with 1.41% as Air Arabia and Gulf Navigation went down 1.9% and 1.64%, respectively.
Similarly, the real estate sector retreated 0.88% as DAMAC and Emaar Properties decreased by 1.91% and 1.26%, respectively, while the insurance sector fell 0.87% on the back of Islamic Arab Insurance’s (Salama) 1.36% drop.
Meanwhile, the consumer staples sector headed gainers adding 1.4% due to DXB Entertainment’s 1.6% increase, while the investment sector rose 0.74% after DFM Company and Shuaa Capital levelled up 2.74% and 2.6%, respectively.
