DFM falls at Wednesday’s open

Dubai – Mubasher: The Dubai Financial Market (DFM) opened Wednesday’s early trades in red, weighed down by the decline of four sectors topped by the investment and banks.

The general index decreased 0.19% or 7.12 points to reach 3,717.66 points by 10:15am UAE time.

The investment sector was the worst performer after falling 0.6% due to a decline in Dubai Investments by 0.7%. The banks sector sank 0.7% as Dubai Islamic Bank (DIB) levelled down 0.68%.

On the other hand, the services sector topped gainers with a 0.2% rise, spurred by Amanat Holdings which climbed 0.1% after acquiring a Saudi firm.

The market saw trading of 116.48 million shares through 687 transactions, with a turnover of AED 137.93 million.

Mubasher Contribution Time: 11-Jan-2017 06:41 (GMT)
Mubasher Last Update Time: 11-Jan-2017 06:41 (GMT)