DFM market cap loses AED 1.8bn Monday

Dubai – Mubasher: The Dubai Financial Market (DFM) ended Monday’s trading session in red territory, pressured by sell-off transactions on the real estate and investment stocks.

 The general index went down 11.07 points, or 0.44%, ending the session at 2,529.18 points.

The DFM’s turnover stood at AED 226.62 million on Monday, compared to AED 141.06 million on Sunday, while the trading volume fell to 106.29 million shares, against 112.5 million shares the session before.

Market capitalisation lost AED 1.88 billion, registering AED 338.52 billion.

By the end of the session, the real estate sector topped losers after falling 1.67% as Emaar Malls, Damac Properties and Emaar Properties went down 2.67%, 1.68% and 2.34%, respectively.

On the other hand, the consumer staples sector headed risers with 0.96% as Amanat Holding grew 1.85%, while the transportation sector inched up 0.11% as Aramex and Gulf Navigation jumped 0.94% and 0.12%, respectively.  

Mubasher Contribution Time: 04-Feb-2019 12:05 (GMT)
Mubasher Last Update Time: 04-Feb-2019 12:09 (GMT)