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UAE stock markets end Thursday in red zone

UAE stock markets end Thursday in red zone
The benchmark index of the DFM declined by 2.03%

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

The benchmark index of the Dubai Financial Market (DFM) declined by 2.03% or 56.7 points to settle at 2,735.61 points by the end of Thursday's session.

A total of 371.69 million shares were traded through 5,365 transactions valued at AED 435 million.

The market cap value decreased by about AED 5.74 billion to AED 363.62 billion, compared to AED 369.36 billion during the previous session.

National Central Cooling Co (Tabreed) topped the green zone with 1.08%, while Emaar Properties led the red zone with 3.6%.

As for the Abu Dhabi Securities Exchange (ADX), the main index retreated by about 1.14% to end Thursday's trading session at 5,611.30 points.

Turnover amounted to AED 564.52 million after 124.34 million shares had been exchanged through 4,061 transactions.

The market cap value dropped by AED 11.67 billion to AED 790.96 billion, compared to about AED 802.63 billion during the previous session.

Reem Investments led the rising stocks with 12.45%, while National Bank of Ras Al Khaimah came on top of the losing stocks with 4.95%.