Dubai – Mubasher: Dubai Financial Market (DFM) general index moved back to the negative territory on Thursday, pressured by real estate stocks mainly Emaar and Arabtec. The market rebounded on Wednesday after it got a boost from Arabtec and DIB.

The market’s liquidity fell to its second lowest levels since year-start.

The index fell by 0.32% or 10.4 points to close at 3,204.11 points; yet remained above the 3,200 mark.

Thursday’s turnover declined to AED 122.68 million ($33.4 million), down from AED 197.46 million ($53.76 million) on Wednesday. Traded volume also decreased to 123.3 million shares from 165.16 million shares.

The investment sector was the biggest loser with a fall of 1.4%, pressured by Dubai Investments and DFM Company that were behind 1.95% and 0.88% in a row.

The real estate sector also declined by 0.26% after Emaar and Arabtec lost 1.01% and 0.88% respectively.

The banks sector shut slightly lower, losing 0.05%, after Emirates NBD sagged 1.2%. Meanwhile, DIB rose by 0.97%.

The telecom sector was the sole advancer, with a rise of 0.2%.

Al-Safwa, which debuted today on the secondary market, topped gaining stocks with a jump of 85% to AED 1.850, after a single transaction was executed on 1,000 shares.