Sales weigh on DFM at Sunday’s close

Dubai – Mubasher: The Dubai Financial Market (DFM) closed in the red on Sunday on the back strong selling of leading shares.

The main index shed 0.52% or 18.6 points to 3,545.40 points, is its lowest level since 13 July 2017.

Trading value grew 22% to AED 158.41 million, while trading volume decreased by 1.3% to 137.53 million shares compared to figures on Thursday.

SHUAA Capital led DFM’s losers, shedding 4.5% to AED 1.07, its lowest level since October 2016, while GFH retreated 4.2% to AED 1.59.

DFM Company tumbled 1.8% to AED 1.09.

Emaar Properties and Arabtec Holding declined by 0.94% and 0.35%, respectively.

There were only six gainers on the DFM topped by Takaful Al Emarat, which grew 9.4%.

GGICO levelled up 2.2% following the company’s announcement of the restructuring of its debts.  

Mubasher Contribution Time: 01-Oct-2017 12:11 (GMT)
Mubasher Last Update Time: 01-Oct-2017 12:11 (GMT)