Dubai – Mubasher: The Dubai Financial Market (DFM) ended Monday’s trading session with negative performance, for the seventh session in a row, pressured by the real estate and investment sectors.
The general index declined 10.40 points, or 0.41%, ending the session at 2,527.28 points.
The DFM’s trading volume reached 70.03 million shares exchanged with a turnover of AED 105.03 million through 2,043 transactions.
The consumer staples sector topped losers with 2.33%, followed by the real estate sector, which went down 2.29% as Emaar Malls and Arabtec retreated 2.9% and 2.89%, respectively.
Similarly, the investment sector plunged 1.59% on the back of Al Madina for Finance and Investment’s 7.57% drop.
On the other hand, the services sector headed risers with 1.2%, followed by the banks sector with 0.95% after the heavyweight Emirates NBD went up 0.99%.
The transportation sector inched up 0.06% as Air Arabia levelled up 0.97%.
By the end of the session, Islamic Arab Insurance Company’s (SALAMA) stock led the DFM in terms of trading volume with 8.53 million shares, while Emaar’s stock posted the highest liquidity with AED 24.21 million.
