DFM ends Tuesday near stable on profit-taking

Dubai – Mubasher: The Dubai Financial Market (DFM) ended Tuesday’s trading session in red territory, pressured by profit-taking transactions on blue-chip stocks and the anticipation of announcing 2018 financial results. 

The general index went down 4.84 points, or 0.19%, ending the mid-week session at 2,566.10 points.

The DFM’s trading volume reached 101.42 million shares exchanged with a turnover of AED 142.46 million through 2,290 transactions.

The insurance sector topped losers with 1.28% as Dubai Islamic Insurance and Reinsurance (AMAN) and Dar Al Takaful plunged 1.9% and 1.22%, respectively.

Similarly, the banks sector went down 0.91% after Commercial Bank of Dubai (CBD) and Dubai Islamic Bank (DIB) retreated 7.5% and 0.57%, respectively, while the investments sector levelled down 0.13% on the back of Dubai Investments’ 0.75% fall.

On the other hand, the goods sector headed gainers with 0.65, followed by the consumer staples and real estate sectors with 0.6% and 0.3%, respectively. 

Mubasher Contribution Time: 29-Jan-2019 11:41 (GMT)
Mubasher Last Update Time: 29-Jan-2019 11:47 (GMT)