Dubai – Mubasher: The Dubai Financial Market (DFM) closed Monday on a negative performance, after its general index levelled down 0.88 points, or 0.02%, reaching 2,713.05 points.
The investment and financial services sector fell 2.03% as Dubai Investments’ stock decreased by 2.4% to AED 1.62, while the Dubai Financial Market Company’s (DFM Company) stock went down 1.56%.
The telecommunication sector and its only stock, Emirates Integrated Telecommunications Company (du), declined 0.2% each, while the real estate sector shed 0.14% after Damac Properties and Emaar Properties dropped 2.08% and 0.21%, respectively.
On the other hand, the insurance sector rose after Islamic Arab Insurance Company’s (Salama) stock added 5.45% to finish at AED 0.735, while the consumer staples sector grew 1.77% as DXB Entertainments’ stock went up 1.97% to AED 0.363.
The transportation sector gained 1.33% after Gulf Navigation Holding’s stock rose 5.37%, while the banks sector inched up 0.10% as Ajman Bank and Dubai Islamic Bank (DIB) stocks’ levelled up 1.8% and 0.19%, respectively.
The DFM’s trading volume stood at 243.04 million shares, down from 277.10 million on Sunday, while the market's traded value fell to AED 207.02 million, from AED 244.30 million.
The bourse’s market capitalisation increased by AED 6 million, to AED 358.84 billion, from AED 358.78 billion on Thursday’s trading session.
