DFM sees losses on blue chips at open

Dubai-Mubasher: Dubai Financial Market (DFM) saw a negative performance in Wednesday’s early trades, weighed down by blue chips.

The DFMGI declined 0.63% or 21.4 points to reach 3,364.82 points by 10:15am UAE time.

The telecom sector fell 1.94% as du declined 1.94%.

The real estate sector levelled down 0.9% led by Arabtec Holding and Emaar Properties which dropped 2.3% and 1.2%, respectively.

The banks sector slid 0.16% after Ajman Bank and Amlan Finance decreased 4% and 0.6% in a row.

The market saw trading of 45.37 million shares through 712 transactions, with turnover of AED 55.76 million.

Mubasher Contribution Time: 09-Mar-2016 06:26 (GMT)