Dubai bourse falls on investment, real estate stocks at open

Dubai-Mubasher: Dubai Financial Market (DFM) saw a negative performance in Thursday’s early trades, pressured down by the decline of blue-chip stocks in the investment and real estate sectors.

The DFMGI lost 0.37% or 12.15 points to reach 3,312.55 points by 10:30am UAE time.

The investment sector topped losers after falling 0.83% due to a decline in Dubai Investments and DFM Company.

The real estate sector retreated 0.45% as Union Properties and Arabtec Holding opened lower.

The banks sector slid 0.3%, weighed down by the losses of Dubai Islamic Bank (DIB).

The market saw trading of 15.82 million shares through 282 transactions, with a turnover of AED 23.44 million.

Mubasher Contribution Time: 16-Jun-2016 07:31 (GMT)
Mubasher Last Update Time: 16-Jun-2016 07:31 (GMT)