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DFM down on Sunday; market cap loses AED 3.35bn

DFM down on Sunday; market cap loses AED 3.35bn
The market cap value lost around AED 3.35 billion

Dubai – Mubasher: The benchmark index of the Dubai Financial Market (DFM) decreased by 2.05% or 37.42 points to 1,781.82 points by the end of Sunday's trading session, reversing its upward performance on Thursday, 19 March.

The market cap value lost around AED 3.35 billion to register EGP 268.07 billion, compared to AED 271.42 billion during the previous session.

A total of 387.30 million shares were traded through 3,617 transactions at a total value of AED 240.28 million.

The investment and financial services sector topped the decliners with 3.41%, followed by the real estate segment with 2.66%.

Al Salam Group Holding led 21 losing stocks with 4.97%, while Khaleeji Commercial Bank (KHCB) came on top of nine rising stocks with 14.38%. 

Union Properties registered the highest trading volume of 204.54 million shares, while Emaar Properties posted the highest turnover of AED 54.98 million.

Dubai Investments came on top of the losing blue chips with 4.59%, while DXB Entertainments headed the rising blue chips with 1.90%.