DFM, ADX close Tuesday in red zone

DFM, ADX close Tuesday in red zone

UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Tuesday’s trading session lower by 2.22 points (0.06%) at 3,511.67 points.

The turnover stood at AED 424.08 million after 309.09 million shares were exchanged during the session.

Emaar Properties registered the highest turnover of AED 85.96 million.

Union Properties, which was the most active stock with 138.39 million shares, advanced the risers with 6.07%.

Meanwhile, Al Salam Bank headed the decliners with 7.25%.

The benchmark index of the Abu Dhabi Securities Exchange (ADX) also fell by 0.082% to 9,638.10 points.

A total of 198.80 million shares were exchanged at an amount of AED 1.13 billion, while the market cap value reached AED 2.75 trillion.

International Holding Company (IHC) posted the highest turnover of AED 263.21 million, whereas Multiply Group dominated the trading volume with 27.48 million shares.

Sharjah Cement and Industrial Development Company led the gainers with 14.63%, while National Corporation for Tourism and Hotels (NCTH) topped the losers with 4.87%.