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

The benchmark index of the Dubai Financial Market (DFM) went down by 0.92% or 25.22 points to settle at 2,698.02 points by the end of Tuesday's session.

A total of 194.69 million shares were traded through 3,747 transactions valued at AED 250.36 million.

The market cap value declined by about AED 2.79 billion to AED 360.53 billion, compared to AED 363.32 billion during the previous session.

Gulf Navigation Holding came on top of the red zone with 4.96%, while Ekttitab Holding headed the green zone with 14.89%.

As for the Abu Dhabi Securities Exchange (ADX), the main index inched down by about 0.63% to close Tuesday's session at 5,582.67 points.

Turnover amounted to AED 430.68 million after 92.69 million shares had been exchanged through 3,157 transactions.

The market cap value decreased by around AED 1.86 billion to AED 792.71 billion, compared to AED 794.57 billion during the previous session.

Foodco National Foodstuff led the losing stocks with 4.78%, while Palms Sports led the green zone with 3.57%.