DFM index down at open

Dubai – Mubasher: The Dubai Financial Market (DFM) saw a negative performance in Wednesday's early trades, weighed down by the fall of five sectors led by the real estate and banks.

The main index sank 0.46% or 15.4 points to reach 3,307.05 points by 10:08am UAE time.

The real estate sector led losers after declining 0.72%, weighed down by Emaar Properties lost 0.8%.

The banks sector retreated 0.46% as Dubai Islamic Bank (DIB) decreased 0.8%. Likewise, the investment sector tumbled 0.11% after SHUAA Capital slid 0.9%.

The market saw trading of 13.5 million shares through 211 transactions, with a turnover of AED 22.48 million.

Mubasher Contribution Time: 02-Nov-2016 06:44 (GMT)
Mubasher Last Update Time: 02-Nov-2016 06:44 (GMT)