Dubai-Mubasher: Dubai Financial Market (DFM) saw a downward trend in Sunday's early trades, the first trading session in 2016, amid a wave of declines that hit leading stocks led by Emaar Properties and Dubai Islamic Bank.
The general index declined 1.6% or 50.6 points to reach 3,100.4 points.
The real estate sector declined 2.4%, pressured by Emaar Properties and Arabtec Holding which levelled down 3.5% and 0.8%, respectively.
The banks sector decreased 1.27%, weighed by Dubai Islamic Bank and Amlak Finance declined 2.26% and 2.84% in a row.
The investment sector retreated 1.47% after Dubai Investments and DFM Company slid 1.48% and 2.4%, respectively.
The telecom and industrial sectors remained unchanged.
Turnover reached AED 60.8 million after 30 million shares were traded through 786 transactions.
