Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index lost 23.11 points, or 0.82%, to close at 2,809.87 points on Wednesday, pressured by profit-taking transactions.
The telecommunication sector and its only stock, du, declined 2.12% each.
The real state sector went down 1.37%, as Drake and Scull International (DSI) dropped 10% to AED 0.405.
The investment sector sank 1.12% to AED 0.967 and Dubai Investments fell 1.02% to AED 1.95.
The consumer staples sector levelled down 0.74%, while the banks and services sectors decreased by 0.3% each.
On the other hand, the transportation sector grew 1.06%, after Aramex added 2.16% to AED 4.25.
The DFM’s trading volume reached 217.06 million shares and the market’s liquidity amounted to AED 203.57 million.
Market capitalisation declined AED 3.13 billion, recording AED 368.48 billion.
The UAE markets will be closed on Thursday and will resume trading on Sunday.
