A wave of profit-taking has dragged down the Dubai Financial Market (DFM) on Wednesday.
By the end of Wednesday trading session, the DFM’s general index inched down 0.83 points, or 0.03%, to 2,622.64 points.
The transport sector led declining sectors with 1.03% as Aramex and Air Arabia lost 1.25 and 0.96%, respectively.
The consumer goods shed 0.87% when DXB Entertainments fell 1.04%.
Similarly, the services and the banks sectors slipped 0.35% and 0.19%, respectively.
On the other hand, Shuaa Capital rose by 3.34% on the back of the announcement of combining business with Abu Dhabi Financial Group (ADFG).
Trading volume amounted to nearly 100.99 million shares exchanged through 3,048 transactions.
Emirates NBD was the most heavily traded stock with a turnover of AED 101.74 million exchanged through 1,026 transactions.