Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index lost 55.2 points, or 2.2%, to close at 2,881.8 points in a week, registering its fourth successive weekly decline, dragged down by regional and global geopolitical tension.
Over the week, the DFM’s trading volume reached 602.15 million shares, while the market’s liquidity hit AED 806.53 million.
The real estate sector shed 4.5% after Emaar Properties saw a similar decline to AED 4.99.
The transportation sector went down 2.46%, as Air Arabia sank 2.5% to AED 1.17, while the banks sector fell 0.5% after Dubai Islamic Bank (DIB) lost 0.2% to AED 4.85.
