The Dubai Financial Market (DFM) ended Monday in the green, after inching up slightly by 0.13% or 6.5 pts and closing at 5094.82 pts. Today’s gains followed a two-session decline. Around 301 million shares changed hands as turnover reached AED 764.48 million with 5080 transactions being executed.

A total of 27 companies traded today, of which 9 gained, 16 retreated and 2 remained unchanged.

DFM indices were mixed as the services and financial sectors dropped by 0.58% and 0.53%, respectively, whereas the transportation and telecommunication sectors rose by 0.97% and 0.72%, respectively.

Takaful Emarat and Dar Al Takaful were the top gainers on Monday after adding 6.76% and 3.11%, respectively, whereas Al Salam and Drake and Scull International (DSI) were the top losers after falling by 3.73% and 1.49%, respectively.

Experts believe that such declines are normal due to profit-taking on several stocks, whose prices rose significantly in the previous sessions. Moreover, the anticipation of Standard and Poor’s decision to upgrade the two UAE markets from frontier markets to emerging markets has also contributed to the decline.

Real estate stocks have witnessed active trades in the previous period as investors expect companies to launch and announce new projects on the sideline of the Cityscape Global 2014 exhibition, which commenced on Sunday and will end on Tuesday, experts said.