DFMGI sinks 5 pts Sunday

Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index shed 0.15%, or 5.04 points, to close at 3,320.58 points on Sunday, its second successive decline.

The DFM’s trading volume increased to 195.69 million shares from 159.25 million on Thursday, while the market’s liquidity shrank to AED 303.1 million, compared to AED 394.19 million in the previous session.

The real estate sector levelled down 0.75% after Drake and Scull International (DSI) dropped 5.61%, while Arabtec Holding, Emaar Development, Emaar Properties, and Union Properties went down 4.92%, 1.58%, 1.23%, and 0.76%, respectively.

On the other hand, the banks sector grew 0.43% after Dubai Islamic Bank (DIB) and Emirates NBD rose 0.64% and 0.59%, respectively.

GFH Group topped the market in terms of both trading volume and value, with 39.8 million traded shares and a turnover of AED 54.4 million.

Mubasher Contribution Time: 11-Feb-2018 11:40 (GMT)
Mubasher Last Update Time: 11-Feb-2018 11:42 (GMT)