Real estate, banks drag down DFM Tuesday

Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index lost 11.53 points, or 0.41%, to close at 2,818.19 points on Tuesday, pressured by the real estate and banks sectors.

The DFM’s trading volume reached 61.57 million shares, while the market’s liquidity amounted to AED 138.83 million.

The real estate sector declined 0.91%, as Emaar Properties went down 2.38% and the banks sector sank 0.38% after Emirates NBD fell 2.1%.

In contrast, the telecommunication sector and its only stock, du, added 0.59% each.

The investment sector gained 0.33%, as Amlak grew 0.91%, while the transportation sector levelled up 0.12% after Aramex increased by 0.23%.

Emaar led the DFM in terms of liquidity, with a turnover of AED 32.47 million

Mubasher Contribution Time: 28-Aug-2018 12:26 (GMT)
Mubasher Last Update Time: 28-Aug-2018 12:29 (GMT)