Dubai – Mubasher: The Dubai Financial Market (DFM) closed Thursday at a slight decline of 0.06% or 1.61 points to 2,736.40 points.
The general index slipped on the back of profit-taking on leading shares such as DAMAC Properties and Emirates NBD, while some investors preferred to keep some stocks until these companies disclose their financial results.
Turnover amounted to AED 129.79 million after 105.92 million shares changed hands through 2,155 transactions.
The investment sector lost 0.4% after Dubai Investments decreased 0.62% to AED 1.57, while the DFM Company was down 0.23% to AED 0.866.
The banks sector shed 0.42%, weighed by Emirates NBD’s 1.53% drop to AED 9, while the telecom sector and its only stock du fell 0.2% each.
DAMAC Properties and Emaar Malls were among the day’s losers, falling 1.975% and 1.10%, respectively. Despite these losses, the real estate sector grew 0.40%, backed by Emaar Properties’ 2.26% rise.
The insurance and transport sector also gained 0.63% and 0.05%, respectively backed by Salama Insurance’s and Air Arabia’s stocks, which increased 1.15% and 2.08%, respectively.
