Dubai – Mubasher: The Dubai Financial Market (DFM) closed Monday with a negative performance after losing 15.55 points, or 0.56%, reaching 2,774.62 points, registering its fifth fall in a row.
The DFM’s trading volume stood at 162.31 million shares, down from 216.17 million on Sunday, while liquidity declined to AED 166 million ($45.20 million) on Monday, from AED 200.28 million ($54.54 million).
The bourse’s market capitalisation decreased by AED 2.19 billion to AED 363.95 billion.
The investment and financial services sector led losers with 2.19% as Dubai Investments’ stock fell 2.72% to AED 1.79, while the consumer staples sector dropped 1.21% after DXB Entertainments’ stock shed 1.34%, reaching AED 0.368.
The banks sector levelled down 0.73% as Emirates NBD’s stock tumbled 1.6% to AED 9.25, while the real estate sector decreased 0.59% after the stocks of Arabtec Holding and Emaar Properties went down 2.67%, and 0.41%, respectively.
On the other hand, the transportation sector rose 1.44% after Aramex’s stock increased 2.75%, reaching AED 4.11, while the insurance sector grew 1.20% as Islamic Arab Insurance Company’s (Salama) stock went up 2.5% to AED 0.615.
The services sector added 0.28% after National Central Cooling Co. (Tabreed) levelled up 0.66% to AED 1.52, while the telecommunications sector and its only stock, Emirates Integrated Telecommunications Company (du) rose 0.2%; the stock closed at AED 4.96.
SHUAA Capital’s stock topped in terms of trading volume after 16.69 million shares were exchanged, while GFH Financial Group’s (GFH) stock led in terms of liquidity after generating AED 23.9 million.
