By: Mahmoud Gamal
Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index lost 0.24% to 2,941.81 points on Sunday, amid an atmosphere full of anticipation.
The DFM’s trading volume reached 65.36 million shares, while the market’s liquidity hit AED 65.35 million.
The DFMGI has not succeeded in keeping its gains in the last session, as negative sentiment returned to swamp the market, NamaaZone CEO Iyad Aref told Mubasher.
The market is in need of new market-boosting catalysts, such as listed companies’ disclosures, Aref added.
The DFM may begin to recover during this week following the disclosures of some blue chips, especially real companies, the analyst noted.
Arabtec Holding shed 2.5% to AED 1.97, while Emaar Properties and Dubai Investments declined by 1.7% to AED 5.21 and 1.5% to AED 2, respectively.
Translated by: Muhammad Khalid
