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UAE stock markets close Thursday in red zone

UAE stock markets close Thursday in red zone
The benchmark index of the DFM went down by 0.69%

UAE - Mubasher: The UAE stock markets have ended Thursday's trading session in the red zone.

The benchmark index of the Dubai Financial Market (DFM) went down by 0.69% or 18.96 points to close Thursday's trading session at 2,702.34 points.

A total of 203.96 million shares were traded through 3,152 transactions valued at AED 230.01 million.

The market cap value decreased by around AED 1.55 billion to AED 358.33 billion, compared to AED 359.88 billion during the previous session.

Ithmaar Holding led the losing stocks with 3.94%, while Shuaa Capital topped the rising stocks with 5.26%.

As for the Abu Dhabi Securities Exchange (ADX), the main index inched down 0.45% to settle at 5,266.71 points by the end of Thursday's session.

Turnover amounted to AED 389.36 million after 89.99 million shares had been exchanged through 2,509 transactions.

The market cap value retreated by AED 4.67 billion to AED 748.74 billion, compared to AED 753.41 billion during the previous session.

Ooredoo came on top of the green zone with 14.88%, while Ras Al Khaimah Co. for White Cement and Construction Materials led the red zone with 5%.