Dubai – Mubasher: A wave of profit-taking in some blue-chip stocks has weighed on the Dubai Financial Market (DFM) on Sunday.
By the end of Sunday’s trading session, the DFM’s general index went down 3.24 points, or 0.11%, to 2,816.45 points.
Trading volume amounted to 83.02 million shares that were exchanged through 1,250 transactions at a turnover of AED 86.899 million.
Market capitalisation shed AED 302 million and closed the session at AED 370.012 billion.
The real estate sector fell by 1.18%, followed by the investment and financial services that slipped 1.13%.
On the other hand, the consumer staples, the banks, and the services sectors rose by 1.62%, 0.64%, and 0.23%, respectively.
Dubai Islamic Bank (DIB) was the most active stock by value with a turnover of AED 15.73 million, while Deyaar Development was the most active stock by volume with a trading volume of 9.17 million shares.
It is noteworthy that Dubai Investments’, Emaar Properties’, and Arabtec Holding’s stocks went down by 1.59%, 1.44%, and 0.61%, respectively.
Meanwhile, DXB Entertainments and Emirates NBD added 1.91% to AED 0.21 and 1.15% to AED 13.25 each.
