Profit-taking weighs on DFM on Thursday

Dubai – Mubasher: The Dubai Financial Market (DFM) closed Thursday’s trading session in red territory, pressured by profit-taking.

The DFM’s general index inched down 1.65 points, or 0.06%, to 2,685.58 points.

Trading volume amounted to 113.78 million shares exchanged at a turnover of AED 242.668 million.

Market capitalisation closed the session at AED 353.113 billion, losing AED 288 million.

The real estate sector shed 0.53% as Emaar Malls fell by 2.48% to AED 1.97, followed by the investment and financial services sector that slipped 0.04%.

On the other hand, the services, the consumer goods, the banks sectors went up by 1.79%, 1.30%, and 0.01%, respectively.

Emaar Properties was the most heavily traded stock with a turnover of AED 87.063 million, while GFH’s stock was the most active stock in terms of trading volume with 18.052 million traded shares.

Mubasher Contribution Time: 11-Jul-2019 11:48 (GMT)
Mubasher Last Update Time: 11-Jul-2019 11:48 (GMT)