DFMGI loses 11 pts on profit-taking Monday

Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index lost 0.31% or 11 points to 3,501.33 points on Monday on the back of profit-taking transactions, especially on blue chips.

The telecommunication sector topped the DFM’s losers, shedding 1.35%, as du lost 1.35% to AED 5.1, while the insurance sector went down 1.26% after Salama levelled down 2% to AED 0.527.

The services sector sank 0.4%, as Amanat Holdings lost 0.7% to AED 1.42, while the transportation sector fell 0.25% after Gulf Navigation tumbled 0.9% to AED 1.07.

The real estate sector decreased by 0.2%, as Deyaar Properties and Drake and Scull International (DSI) dropped 2.35% and 2.14%, respectively.

Emaar Properties went down 0.4% to AED 7.25, with a turnover of AED 119.03 million.

On the other hand, the consumer staples sector surged 3.02% after DXB Entertainments soared 3.45% to AED 0.659.

The DFM’s trading volume increased by 5.6% to 161.045 million shares from 152.4 million on Sunday, while the market’s liquidity jumped 34.4% to AED 372.76 million versus AED 277.38 in the previous session.

Mubasher Contribution Time: 22-Jan-2018 11:32 (GMT)
Mubasher Last Update Time: 22-Jan-2018 11:36 (GMT)