DFM loses 34.22 pts at Tuesday’s open

Dubai – Mubasher: The Dubai Financial Market (DFM) saw a negative performance in Tuesday’s early trades, weighed down by the fall of four sectors led by consumer staples and real estate.

The general index declined 0.96% or 34.22 points to reach 3,522.60 points by 11:50am UAE time.

The consumer staples sector sank 2.12% due to a decrease in DXB Entertainments by 1.4%.

The real estate sector levelled down 1.9% as Emaar Properties and Arabtec Holding slid 2.74% and 2.14%, respectively.

The investment sector tumbled 0.5% as DFM Company lost 0.7%. The banks sector declined 0.13% after Dubai Islamic Bank (DIB) lost 0.36%.

The market saw trading of 65.03 million shares through 1,373 transactions, with a turnover of AED 101.6 million.

Mubasher Contribution Time: 07-Mar-2017 07:28 (GMT)
Mubasher Last Update Time: 07-Mar-2017 07:35 (GMT)