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DFM retreats on Tuesday; market cap records AED 372bn

DFM retreats on Tuesday; market cap records AED 372bn
The market cap value decreased by around AED 1.02bn

Dubai – Mubasher: The benchmark index of Dubai Financial Market (DFM) fell by 0.86% or 23.20 points to 2,673.03 points by the end of Tuesday’s trading session, maintaining the negative performance on Monday, 24 February.

The market cap value decreased by around AED 1.02 billion to AED 372.90 billion from AED 373.92 billion during the previous session.

A total of 186.54 million shares were traded through 3,652 transactions at a value of AED 306.12 million.

Regarding the sectors, the real estate topped the decliners with 2.38%, while the consumer staples segment remained unchanged.

Dubai Refreshments led 20 losers with 4.44%, while Shuaa Capital came on top of the winners with 3.45%.

Union Properties posted the highest trading volume of 34.24 million shares, while Emaar Properties, down 3.17%, recorded the highest turnover of AED 85.21 million.

Emirates NBD headed the rising blue chips with 1.16%.