Dubai – Mubasher: The Dubai Financial Market (DFM) ended Monday’s trading session in negative territory for the fourth session in a row, pressured by growing sell-off transactions on blue-chip stocks on the back of the global equity market rout.

The general index fell 50.57points, or 1.98%, to finish at 2,499.93 points.

Turnover amounted to AED 346.06 million after 305.45 million shares were traded through 3,959 transactions.

The consumer staples sector topped the DFM’s decliners falling 4.68% due to DXB Entertainments’ 5.4% fall.

Similarly, the real estate sector went down 3.98% as Emaar Properties declined 4.5%, while the investment sector plunged 2.78% after Dubai Investments retreated 2.5%.

The transportation sector levelled down 1.14%, dragged by Air Arabia which dipped 1.2%, while the banks sector decreased by 0.87% as Mashreq Bank and Dubai Islamic Bank (DIB) declined 2.7% and 1.56%, respectively.