Dubai – Mubasher: The Dubai Financial Market (DFM) extended its sideways movement on Monday, awaiting fresh market-boosting incentives and new earnings statements of the listed firms.
The DFMGI edged lower by 0.01% to close at 2,794.80 points, weighed down by the selling pressures on the heavy-weighted stocks.
The DFM Company fell 1.68% to AED 0.879.
The heavyweight Emirates NBD, Dubai Investments and Emaar Properties tumbled 1.51%, 0.62%, and 0.58%, respectively.
On the other hand, the services sector gained 2.83% after National Central Cooling Co. (Tabreed) gained 3.03% to AED 1.70.
The real estate sector grew 0.49% after Damac Properties surged 4% to AED 2.08.
The DFM’s trading volume reached 94.06 million shares exchanged at a turnover of AED 156.36 million.
