Dubai – Mubasher: The Dubai Financial Market (DFM) closed the week ended 15 November in the red, after dropping 47.10 points, or 1.67%, to 2,778.76 points, pressured by profit-taking transactions on blue-chip stocks.
The DFM’s traded volume stood at 427.81 million shares by the end of this week, compared to 620.44 million a week before, while the market’s traded value slumped to AED 563.92 million, from AED 908.65 million.
The investment and financial services sector fell 5.89% after Dubai Investments’ stock decreased 6.83%, and the DFM Company’s stock retreated 3.3%.
The consumer staples sector went down 7.24% as DXB Entertainments’ stock declined 8.01%.
The real estate sector dropped 3.61% after the stocks of Emaar Properties, Drake and Scull International (DSI), and Arabtec Holding levelled down 6.5%, 5.88%, and 2.63%, respectively.
The transportation sector fell 1.84% as Aramex’s stock decreased 2.97%.
