Emaar pushes down DFM at Wednesday’s close

Dubai – Mubasher: The Dubai Financial Market (DFM) closed Wednesday’s trading session with negative performance, pressured by the fall of blue-chip stocks.

The DFM’s general index inched down 0.03%, or 0.82 points, to finish the session at 2,614.35 points.

Turnover increased to AED 234.73 million on Wednesday, compared to AED 191.67 million, while trading volume levelled up to 124.33 million shares, against 193.30 million in the session before.

The DFM’s market capitalisation increased by AED 470 million to AED 348.56 billion.  

The investment sector topped losers after falling 1.15% as Dubai Investments and DFM Company plunged 1.45% and 0.41%, respectively.

Similarly, the services sector retreated 1.11% as Amanat Holding went down 1.77%, followed by the real estate sector with 0.80% due to Emaar Properties’ 1.71% drop.

Meanwhile, the consumer staples sector headed the risers with 1.38% after DXB Entertainments grew 1.6%, while the banks sector advanced 0.69% on the back of Emirates NBD’s 1.5% increase.

 

Mubasher Contribution Time: 27-Mar-2019 11:25 (GMT)
Mubasher Last Update Time: 27-Mar-2019 11:29 (GMT)