Dubai – Mubasher: The general index of the Dubai Financial Market (DFM) declined by 1.95% or 37.12 points at Thursday’s close, settling lower at 1,859.79 points.
The market cap value plunged by AED 5.01 billion to stand at AED 275.45 billion from KWD 280.46 billion a day earlier.
Meanwhile, the market’s turnover recorded AED 201.23 million after 268.43 million shares were exchanged through 4,226 transactions.
The services and banks segments topped the fallers with 2.58% and 2.41%, respectively, whereas the consumer staples sector remained unchanged.
Emirates Integrated Telecommunications Company (du) headed 23 falling stocks with 5%, whereas Khaleeji Commercial Bank led six risers with 13.31%.
Dubai Islamic Bank (DIB) logged the highest turnover of AED 28.12 million, whilst Union Properties led the trading activity through the exchange of 93.61 million shares.
As for the blue-chip stocks, Damac Properties and Emirates NBD fell by 4.79%, and 4.05%, respectively.
