UAE stock markets close Sunday down

UAE stock markets close Sunday down

The benchmark index of Dubai Financial Market (DFM) fell by 116.47 points (3.55%) to 3,156 points on Sunday. The trading value amounted to AED 376.31 million through the exchange of 292 million shares, compared to AED 478.89 million and nearly 208.63 million shares on Thursday. Dar Al Takaful was the top faller with 9.77%, while Emirates REIT headed the risers with 9.12%. Emaar Properties continued to achieve the highest trading value of AED 83.41 million, while Union Properties was the most active stock with 115.4 million traded shares. Similarly, the main index of Abu Dhabi Securities Exchange (ADX) declined by 2.32% to 8,650.7 points. The turnover stood at AED 1.6 billion after trading 244.991 million shares, compared to AED 7.7 billion and 1.88 billion shares last session. The market cap value reached AED 1.62 trillion, compared to AED 1.66 trillion. Ras Al Khaimah Poultry and Feeding (RAK Poultry) led the fallers with 10%, while the National Corporation for Tourism and Hotels (NCTH) advanced the risers with 11.11%. International Holding Company (IHC) posted the highest trading value with AED 511.15 million, while Multiply Group was the most active stock with 63.98 million exchanged shares.