The Dubai Financial Market (DFM) ended the week in the red, shedding 1.66% or 76.72 pts to 4545.39 pts.

Turnover was low at AED 655 million as 232.77 million shares were traded through 5271 transactions. A total of 29 companies traded, of which 23 were in the red, 3 were in the green and 3 remained unchanged.

The real estate sector topped falling sectors, dropping 2.85% as Drake and Scull International (DSI), Emaar Properties, and Union Properties (UPP) retreated by 3.42%, 3.38% and 2.75%, respectively.

Emirates NBD was the top gainer, inching up by 1.04%, whereas Ajman Bank topped decliners, falling 4.58%, followed by DSI, Emaar and UPP, respectively.

Emaar Properties announced on Wednesday a profit gain for the first nine months of 2014 by 34% to AED 2.43 billion against AED 1.8 billion during the same period in 2013.