Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index closed in the red on Thursday on the back of selling of most of blue chips, recording its lowest level in six months.
The DFMGI shed 1.4%, or 48.7 points, to 3,355.4 points.
Aramex led the market’s losers, dropping 5.3% to AED 4.46, while Emaar Properties tumbled 3.7% to AED 6.95.
DAMAC Properties, Arabtec Holding, and Emaar Malls lost 3.5% to AED 3.32, 2.45% to AED 2.3, and 1.38% to AED 2.14, respectively.
On Thursday, the DFM witnessed only eight gainers, topped by Amanat Holdings, which rose 2.3% to AED 1.34, while Gulf Navigation grew 1.5% to AED 1.35.
The DFM’s trading volume declined by 16.4% to 326.83 million shares, compared to 391.11 million shares on Wednesday, while the market’s liquidity increased by 16% to AED 690.34 million from AED 594.86 million in the previous session.
