Dubai - Mubasher: The Dubai Financial Market (DFM) saw a negative performance in the first quarter of the year, affected mostly by the negative performance of the real estate, investment, and banking sectors.
The main index lost 7.76% or 261.54 points, and closed at the level of 3,108.53 points.
Traded volumes reached 9.07 billion shares, with values amounting to AED 16.06 billion in the first three months of the year.
The investment, real estate, and telecom sectors dropped 12.21%, 12.24%, and 6.67%, respectively, while the banks sector declined by 1.97%.
Traded volumes totalled 2.25 billion shares, with values amounting to AED 2.315 billion.
As for the monthly performance, the benchmark index lost 4.18%, for the second month in a row, after rising in January.
Traded volumes amounted to 2.25 billion shares, with values reaching AED 2.315 billion.
