Dubai – Mubasher: The Dubai Financial Market (DFM) ended Tuesday’s trading session in negative territory, dragged by the sectors’ massive drop.
The general index declined 52.64 points, or 2.05%, ending the mid-week session at 2,511.08 points.
Market capitalisation stood at AED 339.822 billion on Tuesday, from AED 345.232 million in the previous session.
The DFM’s trade volume increased to 207.414 million shares on Tuesday compared to 130.64 million shares on Monday, while the market’s liquidity decreased to AED 181.495 million on Tuesday against AED 132.82 million in the prior session.
The consumer staples sector topped the DFM’s losers falling 4.36% due to DEB Entertainment’s 4.96% drop.
Similarly, the investments sector plunged 4.25% as Gulf General Investment Company and Dubai Investments went down 5.58% and 4.58%, respectively.
The real estate sector levelled down 2.75% as DAMAC Properties and Arabtec Holding retreated 6.25% and 3.33%, respectively, while the banks sector decreased by 2.21 on the back of Al Salam Bank’s 7.41% fall.
