UAE - Mubasher: The UAE stock markets have closed Monday's trading session in the red zone, keeping downward performance for the second session in a row.

The benchmark index of the Dubai Financial Market (DFM) went down 0.2% to settle at 2,540 points by the end of Monday's session, amid a collective drop in all sectors, except for the transportation and insurance sectors.

A total of 143.783 million shares were traded through 2,415 transactions valued at AED 153.552 million.

Emirates Refreshments headed the red zone with 9.91%, while Emirates Islamic Bank (EIB) topped the green zone with 5.26%.

As for the Abu Dhabi Securities Exchange (ADX), the main index inched down 0.11% to close Monday at 5,685 points.

Turnover amounted to AED 931.241 million after 151.479 million shares had been exchanged through 2,924 transactions.

Al Wathba National Insurance Co (AWNIC) came on top of the losing stocks with 9.97%, while Gulf Pharmaceutical Industries (Julphar) led the rising stocks with 8.2%.