DFM ends Thursday down; market cap loses AED 2.29bn

DFM ends Thursday down; market cap loses AED 2.29bn

Dubai – Mubasher: The benchmark index of the Dubai Financial Market (DFM) retreated by 0.85% or 19.66 points to stand at 2,269.27 points by the end of Thursday's trading session, maintaining its downward performance on Wednesday, 26 August.

A total of 374.28 million shares were exchanged through 4,827 transactions valued at AED 338.75 million.

The market cap value decreased by about AED 2.29 billion to AED 316.36 billion, compared to AED 318.65 billion during the previous session.

The real estate sector led the decliners with 1.49%, followed by the banks segment with 0.9%.

Arabtec Holding headed the losing stocks with 4.96%, while Al Salam Bank - Sudan came on top of the rising stocks with 11.11%.

Union Properties registered the highest trading volume