By: Mahmoud Gamal
Dubai-Mubasher: Three stocks saw a negative performance during Sunday’s trading session amid the decline of oil and global stock markets.
Dubai Parks and Resorts topped gainers after adding 1.8% by 1:15pm UAE time, generating AED 45.14 million that represents 22.4% of the market’s turnover.
Aramex also gained 0.8%, followed by Dubai Islamic Bank (DIB) with a 0.2% rise.
Setting a date for the release of DIB’s financial results is considered a positive catalyst for investors who desire to invest in the bank’s stock, which reached attractive price level, financial analyst Hareb Omar said.
The general index fell 0.8% to reach 3,516.42 points during the same time.
Negative performance of oil and global stock markets led traders to be cautious, Omar noted.
Translated by: Julian Nabil
