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DFM ends week in red

DFM ends week in red
The DFM’s liquidity rose to AED 488.30 million this week

Dubai – Mubasher: The Dubai Financial Market (DFM) closed the current week on a negative note, marking three-week low.

By the end of the week, the DFM’s general index shed 26.91 points, or 0.96%, to 2,768.85 points.

Weekly trading volume amounted to 271.44 million shares, compared to 170.57 million shares last week.

The DFM’s liquidity rose to AED 488.30 million this week, compared to a turnover of AED 260.97 million in the previous week.

The banks, consumer staples, and real estate sectors fell by 0.90%, 2.92%, and 2.04%, respectively, this week, while the investment sector added 0.2%.

Most of the blue chips have seen a bullish trend this week, including Emaar Propertied and Emirates NBD which lost 3.29% and 0.43%, respectively.

Moreover, DXB Entertainment and Emaar Malls went down by 3.4% and 2.1%, respectively, while Shuaa Capital’s stock increased by 0.8%.