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DFM down on Tuesday; market cap records AED 271.6bn

DFM down on Tuesday; market cap records AED 271.6bn
The consumer staples hit the top of decliners with 4.59%

Dubai – Mubasher: The benchmark index of Dubai Financial Market (DFM) closed Tuesday's trading session at 1,825.63 points, down 3.28% or 61.91 points, maintaining its negative performance on Monday, 20 April.

The market cap value retreated by around AED 6.42 billion to AED 271.61 billion, compared to AED 278.03 billion during the previous session.

Around 391.05 million shares were traded through 5,039 transactions at a total value of AED 244.32 million.

The consumer staples hit the top of decliners with 4.59%, followed by the banks segment with 3.88%.

Amlak Finance topped 27 losing stocks with 5%, while Deyaar Development led two rising stocks with 4.74%.

Union Properties posted the highest trading volume of 116.66 million shares, while Dubai Islamic Bank (DIB) recorded the highest turnover of AED 50.08 million.

As for the blue chips, DXB Entertainments came on top of the losers with 4.93%.