Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index tumbled 54.97 points, or 1.83%, to close at 2,947.99 points on Thursday, pressured by the real estate and banks sectors.
The DFM’s trading volume reached 101.63 million shares, while the market’s liquidity hit AED 186.18 million.
The real estate sector dropped 3.28% after Emaar Properties went down 3.74%, while Damac Properties plunged 7.09%.
The banks sector shed 1% after Emirates NBD lost 2.33%, while the investment sector decreased by 1.09%, as Shuaa Capital levelled down 0.93%.
On the other hand, the transportation sector added 0.2% after Aramex gained 0.25%.
Emaar Properties topped the DFM in terms of trading value, with a turnover of AED 49 million, while Drake and Scull International (DSI) led the market in terms of volume, with 23.75 million traded shares.
