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UAE stock markets close Wednesday in red zone

UAE stock markets close Wednesday in red zone
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UAE – Mubasher: The main index DFMGI of Dubai Financial Market (DFM) declined on Wednesday by 14.44 points (0.34%) to close at 4,231.79 points.

A total of 264.02 million shares were traded at a value of AED 663.77 million.

Emirates Integrated Telecommunications Company (du) advanced the risers with 1.87%, whereas Al Firdous Holding was the top faller with 5.32%.

Emaar Properties recorded the largest trading value of AED 222.49 million and GFH Financial Group was the most active stock on which 64.49 million shares were exchanged.

Likewise, the benchmark index FADGI of Abu Dhabi Securities Exchange (ADX) fell by 0.48% to reach 9,273.16 points at the end of the session.

A total of 232.34 million shares were traded at a value of AED 1.24 billion.

Meanwhile, the market cap value stood at AED 2.88 trillion.

Ooredoo headed the risers with 3.10%, while The National Bank of Ras Al Khaimah (RAKBANK) led the fallers with 4.59%.

International Holding Company (IHC) generated the biggest trading value with AED 220.95 million, whereas Eshraq Investments was the most active stock on which 37.73 million shares were traded.