DFM falls on blue chips Tuesday

Dubai – Mubasher: The Dubai Financial Market (DFM) saw a negative performance on Tuesday, weighed down by the decline of blue chips especially in the real estate and banks sectors.

The general index declined 0.15% or 5.41 points to reach 3,655.07 points.

The real estate sector retreated 0.38% after Arabtec Holding, Union Properties (UP), Drake and Scull International (DSI), Deyaar Development, Emaar Malls Group, Damac Properties, and Emaar Properties slid 1.34%, 1.27%, 1.06%, 0.59%, 0.42%, 0.26%, and 0.22%, respectively.

The banks sector slid 0.29% as Amlak Finance and Dubai Islamic Bank (DIB) decreased 0.93% and 0.48%, respectively.

The market saw trading of 140.4 million shares through 1,759 transactions, with a turnover of AED 194.6 million.

Amanat Holdings saw trading of 54.6 million shares, with a turnover of AED 61.4 million.

Mubasher Contribution Time: 19-Sep-2017 11:29 (GMT)
Mubasher Last Update Time: 19-Sep-2017 11:57 (GMT)