Profit-taking drags down DFM at Tuesday’s close

Dubai – Mubasher: The Dubai Financial Market (DFM) closed Tuesday’s trading session with negative performance, breaking four straight rises, pressured by profit-taking deals. 

The DFM’s general index levelled down 0.35%, or 9.86 points, ending the mid-week session at 2,811.09 points.

Turnover amounted to AED 292.64 million after 165.56 million shares exchanged hands through 2,928 transactions.

By the end of the session, the DFM’s market capitalisation fell AED 1.11 billion, recording AED 365.42 billion.

The insurance sector topped the losers falling 1.38% as Aman and Salama declined 4.5% and 2.75%, respectively.

Similarly, the real estate sector plunged 1.37% as Emaar Properties levelled down 2.19%, while the banks sector retreated 0.12% on the back of Emirates NBD’s 1.3% drop.

On the other hand, the transportation sector headed the gainers after adding 1.3% as Aramex and Air Arabia grew 1.9% and 0.98%, respectively.

Mubasher Contribution Time: 23-Apr-2019 11:43 (GMT)
Mubasher Last Update Time: 23-Apr-2019 11:50 (GMT)