Dubai – Mubasher: The declining blue-chip stocks, capped by Emaar Properties, have weighed on the Dubai Financial Market (DFM) on Sunday.
The DFM’s general index slipped 11.94 points, or 0.45$, to finish the first session of the week at 2,648.59 points.
Market capitalisation closed today’s trading session at AED 353.3 billion.
Trading volume amounted to nearly 52.2 million shares exchanged at a turnover of AED 60.1 million.
The investments and financial services sector inched down 0.05%, followed by the real estate sector that fell by 0.37% as Emaar Properties shed 0.45% to AED 4.46.
Moreover, the banks and the services sectors went down by 0.54% and 2.2%, respectively.
Tabreed led the losers with 3.85% to AED 0.500, while Al Salam Bank – Sudan headed the gainers with 10% at AED 5.83.
Dubai Islamic Bank (DIB) was the most heavily traded stock with a turnover of AED 11.39 million, while Salama Insurance was the most active stock with around 10.58 million traded shares.
