Dubai – Mubasher: The Dubai Financial Market (DFM) has ended Sunday’s trading session in red territory, dragged down by sell-offs on some blue-chip stocks amid the recent geopolitical tensions.
The DFM’s general index dropped 55.6 points, or 2.16%, to 2,519.43 points, marking its lowest level since 2 January.
The consumer goods sector has led the decliners with 7.5% as DXB Entertainments fell 9% to AED 0.172 followed by the insurance sector which dipped 4.43%.
The real estate sector decreased as well when Arabtec lost 10% and Emaar Properties went down 3.05%.
Likewise, the banks sector tumbled 1.8% after the heavyweight Emirates NBD shed 2.26% to AED 10.8.
The bourse’s turnover stood at to AED 176.84 million today, while trading volume amounted to AED 200.92 million shares exchanged through 2,905 transactions.
DXB Entertainments was most heavily traded stocks with around AED 9.89 million in turnover.
