Dubai – Mubasher: The Dubai Financial Market (DFM) closed Sunday in the red, registering its fourth fall in a row, weighed primarily by leading real estate stocks.
The general index edged 0.06% or 1.54 points lower to close at 2,790.17 points.
Turnover rose to AED 200.28 million on Sunday from AED 128.70 million on Thursday, whereas traded volume jumped to 216.17 million shares versus 122.89 million.
Market capitalisation closed at AED 366.143 billion ($99.679 billion).
The services sector led the DFM’s fallers, sliding 2.53% after Amanat lost 3.39% and Tabreed tumbled 1.31%. Moreover, the real estate sector was down 0.21%, weighed by DAMAC Properties’ 2.44% drop, while Arabtec and Emaar Properties shed 0.53% and 0.41%, respectively.
The investment sector was also down 0.37% after Dubai Investments declined 0.54%.
On the positive side, the banks sector grew 0.17%, backed by GFH Group’s 2.96% rise, as well as Ithmaar Bank’s 1.62% gain, while Emirates NBD and Dubai Islamic Bank (DIB) increased 0.21% and 0.19%, respectively.
