Dubai – Mubasher: The benchmark index of the Dubai Financial Market (DFM) sank by 1.21% or 33.29 points at the end of Wednesday’s trading session, reaching the level of 2,713.48 points.

Turnover totalled AED 163.42 million after 152.40 million shares were exchanged through 2,984 transactions.

Meanwhile, the market cap value shrank by AED 3.57 billion to stand at AED 369.72 billion from AED 373.29 billion in the previous session.

The consumer staples segment was the top faller with 2.35%, followed by the investment and financial services sector with 1.55%, whereas the energy group was the only riser with 0.40%.

Al Madina for Finance and Investment headed 27 losers with 7.10%, whereas Dar Al Takaful led three winners with 3.72%.

Emaar Properties showed the highest turnover of AED 35.97 million, while Union Properties was the most active stock through the exchange of 46.70 million shares.

The blue chip stock of Arabtec Holding went down by 3.28%, followed by DXB Entertainments with 2.87%.