Dubai – Mubasher: The Dubai Financial Market (DFM) closed in red for the fourth consecutive day on Wednesday, as the main index slipped 0.23% or 7.11% to the level of 3,071.62 points.
However, trading value rose by 23.5% to AED 367.4 million, versus AED 297.4 million yesterday, and trading volume as well increased to 430.4 million shares from 323.7 million shares exchanged yesterday.
GFH Financial Group hit the day’s biggest trading value as it reached AED 107 million or 29% of the total value. Arabtec was also in the green after taking over AED 70 million, becoming the second strongest stock.
The real estate sector was the top decliner with a loss of 1.38%, as Arabtec and Emaar fell by 2.4% and 1.46%, respectively.
Meanwhile, the banks sector rose 0.49, supported by Dubai Islamic Bank which gained 1.01%.
National Central Cooling was the worst performer with a fall of 2.63%, while Amanat came first among risers after adding 3.85%.
