Dubai – Mubasher: The Dubai Financial Market (DFM) closed Sunday’s trading session in red territory, pressured by the declining blue-chip stocks.

The DFM’s general index shed 23.72 points, or 0.86%, to 2,739.26 points.

Trading volume amounted to 145.048 million shares exchanged at a turnover of AED 146.841 million through 2,075 transactions.

The bourse’s market capitalisation lost AED 2.46 million and closed the session at AED 359.456 billion.

The real estate sector dropped by 1.46% when Emaar Properties fell 1.23%, and the consumer goods and the services sectors went down 1.21% and 0.94%, respectively.

Meanwhile, the banks sector slipped 0.78% as Dubai Islamic Bank shed 0.39% to AED 5.16.

Islamic Arab Insurance (Salama) was the most heavily traded stock with 30.385 million shares exchanged at a turnover of AED 30.385 million, backed by S&P Global Ratings’ recent announcement of upgrading its insurer financial strength and issuer credit ratings to 'BBB' from 'BBB-', with a stable outlook.