Three sectors push down DFM at Sunday’s close

Dubai – Mubasher: The Dubai Financial Market (DFM) ended Sunday’s trading session in red territory, pressured by the real estate, telecommunication and banks sectors.

The general index went down 27.34 points, or 1.06%, ending the first session of the week at 2,540.25 points.

The DFM’s trading volume reached 112.53 million shares exchanged with a turnover of AED 141.06 million through 1,907 transactions.

The real estate sector topped decliners with 2.75% as Emaar Malls and Emaar Properties fell 4.46% and 3.25%, respectively.

Similarly, the investments sector plunged 1.42% on the back of Shuaa Capital’s 2.25% drop, while the telecommunication sector and its sole stock, Du, went down 0.78% each.

The transportation sector was the bourse’s only gainer adding 0.74% as Gulf Navigation and Air Arabia rose 1.23% and 1%, respectively.

Mubasher Contribution Time: 03-Feb-2019 12:23 (GMT)
Mubasher Last Update Time: 03-Feb-2019 12:27 (GMT)