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DFM stabilises at Thursday’s close

DFM stabilises at Thursday’s close
The consumer staples sector shed 1.61%

Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index close near stability at the end of Thursday’s session, pressured by blue chips.

The general index inched down 0.91 points, or 0.03%, to close at 2,694.71 points.

Market capitalisation decreased by AED 420 million to AED 365.68 billion on Thursday, compared to AED 366.1 billion in the previous session.

The consumer staples sector shed 1.61%, while the investment, services, real estate, and banking sectors shrank by 0.52%, 0.5%, 0.33%, and 0.15%, respectively.

DXB Entertainments dropped 2.87%, Dubai Investments sank 0.78%, and Emirates NBD levelled down 0.42%.

On the contrary, Damac Properties surged 2.6%, while Arabtec Holding increased by 0.81% and Emaar Properties gained 0.73%.

The DFM’s trading volume reached 137.46 million shares, while the market’s liquidity amounted to AED 134.62 million.