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DFM keeps downward performance for second session in row

DFM keeps downward performance for second session in row
The market cap value amounted to AED 268.86 billion

Dubai – Mubasher: The benchmark index of Dubai Financial Market (DFM) decreased by 1.02% or 18.29 points to record 1771.31 points by the end of Tuesday's trading session, keeping its negative performance for the second consecutive session.

The market cap value amounted to AED 268.86 billion, down by around AED 1.31 billion from AED 270.17 billion during the trading session on Monday, 30 March.

A total of 167.50 million shares were traded through 3,624 transactions at a total value of AED 192.83 million.

The real estate sector topped the decliners with 3.47%, followed by the consumer staples with 2.95%.

Gulf Navigation Holding (GNH) led ten losing stocks with 5%, while Al Salam Group Holding headed 17 rising stocks with 9.69%.

Meanwhile, Union Properties posted the highest trading volume of 34.89 million shares, while Emaar Properties, down 4.72%, recorded the highest turnover of AED 72.82 million.

As for the blue chips, Damac Properties came on top of the winners with 0.62%.