Dubai market down at open

Dubai-Mubasher: Dubai Financial Market (DFM) saw a bearish performance in Sunday’s early trades, pressured by the real estate stocks.

The general index fell 0.24% or 8.4 points to 3,538.55 points by 10:30am UAE time.

The consumer staples sector retreated 0.9% as Marka declined 9.6%.

On the flipside, the services sector gained 0.48% as Shuaa Capital advanced 7.3%.

The real estate sector levelled down 0.4% due to a drop in Arabtec Holding and Emaar Properties by 0.5% and 0.4% in a row.

The market saw trading of 102.8 million shares through 2,100 transactions, with turnover of AED 265.6 million.

Mubasher Contribution Time: 17-Apr-2016 08:10 (GMT)
Mubasher Last Update Time: 17-Apr-2016 08:10 (GMT)