Dubai – Mubasher: The Dubai Financial Market (DFM) closed Sunday in the red on the back of pressure from quick profit-taking by speculators following the strong gains achieved in previous sessions.
The general index shed 0.37% or 10.24 points and closed at 2,704.98 points.
Turnover more than halved to AED 81.19 million on Sunday from AED 252.83 million on Thursday, while traded volume retreated to 45.89 million shares exchanged against 120.31 million in the previous session.
The services sector led fallers, losing 3.44% after Amanat Holding's stock retreated 4.27% to AED 1.12.
The real estate sector tumbled 0.73% after Union Properties declined 1.43% to AED 0.621, while Emaar Properties sank 1.33% to AED 1.33. Moreover, Drake & Scull International (DSI) and Arabtec Holding lost 1.03% and 0.98%, respectively.
The transport sector shed 0.37% after Gulf Navigation Holding decreased 1.84% to AED 1.07, while the banks sector slipped 0.07% after Dubai Islamic Bank (DIB) lost 0.19% to close at AED 5.28.
On the positive side, the consumer staples sector added 0.51%, backed by DXB's 0.56% rise to AED 0.359, while the investment sector grew 0.12% after the DFM Company increased 0.45% to AED 0.894.
