By: Enas Bahgat
Dubai – Mubasher: The real estate sector on Sunday topped the Dubai Financial Market’s (DFM) sectors in terms of liquidity, acquiring 23% or AED 40.89 million of the market’s liquidity, with 27.46 million traded shares.
Drake and Scull International led the sector, with a turnover of AED 13.79 million, after 6.2 million shares were traded, shedding 0.45%.
Investors closed 80 transactions on Emaar Properties’ stock, which fell back 0.7%, helping it rank second after DSI’s, with a turnover of AED 6.52 million and 922,710 traded shares.
Arabtec Holding dropped 1.26% after 1.91 million shares were traded, gaining AED 4.48 million through 76 transactions, while Deyaar’s trading volume reached 6.18 million shares, with a turnover of AED 3.03 million through 53 transactions, sinking 0.61%.
Emaar Malls, which lost 0.48%, saw only eight transactions after 210,500 shares were traded, with a turnover of AED 438,440.
The real estate sector fell 0.41% at Sunday’s close, reflecting the market’s negative performance.
Translated by: Muhammad Khalid
