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DFM maintains negative performance on Wednesday

DFM maintains negative performance on Wednesday
The market cap value retreated by around AED 1.67bn

Dubai – Mubasher: The benchmark index of Dubai Financial Market (DFM) declined by 0.77% or 21.19 points to 2,728.05 points by the end of Wednesday’s trading session, maintaining its downward performance on Tuesday, 19 February.

A total of 141.73 million shares were traded through 2,283 transactions at a value of AED 124.51 million.

The market cap value retreated by around AED 1.67 billion to AED 375.61 billion from AED 377.28 billion during the previous session.

Meanwhile, the consumer staples sector topped the losers with 3.85%.

Union Properties led 23 decliners with 6.19%, while Khaleeji Commercial Bank came on top of seven risers with 14.99%.

At the same time, Union Properties posted the highest trading volume of 81.42 million shares, while Aramex recorded the highest turnover of AED 33.60 million.

Damac Properties headed the losing blue chips with 5.38%.