Dubai-Mubasher: Dubai Financial Market (DFM) witnessed negative performance on Wednesday amid a wave of decline that hit blue chips led by Emaar Properties, Dubai Islamic Bank and Arabtec Holding.
The DFMGI lost 1.34% or 40 points to reach 2,930.6 points.
The consumer staples sector slumped 2.6%, pressured by Dubai Parks and Resorts which fell 2.73%.
The real estate sector decreased 2.15% after Emaar and Arabtec slid 2.72% and 0.87% in a row.
The investment sector levelled down 1.8% due to a decline in DFM Company by 2.54%.
The banks sector retreated 0.49%, pressured by Dubai Islamic Bank (DIB) and Amlak Finance which went down 1.02% and 1.57%, respectively.
The telecom and industrial sectors remained unchanged.
The market saw trading of 35 million shares exchanged through 715 transactions, with a turnover of AED 58.75 million.
