DFM trims losses in mid-session

Dubai-Mubasher: Dubai Financial Market (DFM) trimmed its losses in Sunday’s mid-session due to the selling pressures on leading stocks.

The general index lost 0.55% or 17.34 points to reach 3,133.66 points.

The real estate sector declined 0.96% as Emaar Malls and Drake and Scull saw a negative performance.

The investment sector levelled down 0.9% after Dubai investments and DFM Company lost 0.99% and 0.8% in a row.

The banks sector decreased 0.28% due to a drop in Dubai Islamic Bank by 1.29%.

On the flipside, the transportation sector topped gainers by 0.3% as Air Arabia rose 0.7% to AED 1.37.

The market saw trading of 87.25 million shares through 1,760 transactions, with turnover of AED 137.9 million.  

Mubasher Contribution Time: 03-Jan-2016 08:39 (GMT)