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DFM sees losses in Monday’s early trades

DFM sees losses in Monday’s early trades
Turnover amounted to AED 33 million (Photo Credit: Arabianeye-Reuters)

Dubai – Mubasher: The Dubai Financial Market (DFM) opened Monday’s trading session in the red zone, weighed down by the fall of the real estate and banks sectors.

The general index declined 0.2% or 7.10 points to reach 3,635.41 points by 10:25am UAE time.

The real estate sector tumbled 0.45% as Emaar Properties and Arabtec Holding decreased 0.8% and 0.5%, respectively.

The banks sector levelled down 0.09% due to a decrease in Emirates NBD by 0.6%.

On the other hand, the transportation sector rose 0.34% as Air Arabia increased 0.8%.

Turnover amounted to AED 33 million after trading 18.02 million shares through 275 transactions.