Emaar pressures DFM down at open

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

The DFMGI fell 0.26% or 9.45 points to reach 3,553.49 points by 10:30am UAE time.

The real estate sector retreated 0.48% as Emaar Properties and Emaar Malls Group went down 0.7% and 0.6%, respectively.

The investment sector slid 0.4% due to a decline in Shuaa Capital by 1.3%.

The consumer services sector leveled down after Amanat Holdings decreased 0.6%.

The market saw trading of 133.7 million shares through 1,410 transactions, with turnover of AED 129.46 million.

Mubasher Contribution Time: 20-Apr-2016 07:06 (GMT)
Mubasher Last Update Time: 20-Apr-2016 07:06 (GMT)