The Dubai Financial Market (DFM) closed Sunday’s trading session on a negative note after some of the blue-chip stocks saw profit-taking.
The DFM’s general index slipped 19.42 points, or 0.67%, to 2,871.50 points.
Trading volume amounted to 94.421 million shares that were exchanged at a turnover of AED 184.524 million through 2,205 transactions.
Market capitalisation shed AED 2.5 billion and closed the session at AED 373.998 billion.
The banks, the real estate, and the investment and financial services sectors fell by 1.05%, 0.36%, and 0.27%, respectively.
On the other hand, the consumer staples sector went up by 0.76%, while the services sector remained stable.
Al Safwa Mubasher’s stock led losers with a decrease of 9.92%, while Salama’s stock topped the winners with an increase of 4.51%.
Emirates NBD was the most active stock by value with a turnover of AED 63.831 million, while Salama was the most active stock by volume after seeing a trading volume of 22.498 million shares.
At the level of stocks performance, Arabtec, Damac Properties, and Emaar Properties tumbled 1.24%, 1.17%, and 0.20%, respectively.
Meanwhile, Dubai Islamic Bank (DIB) and DXB Entertainments added 0.95% to AED 5.30 and 0.89% to AED 0.23 each.