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UAE stock markets close Tuesday in red zone

UAE stock markets close Tuesday in red zone
The benchmark index of the DFM declined by 1.02%

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

The benchmark index of the Dubai Financial Market (DFM) declined by 1.02% to settle at 2,783.39 points by the end of Tuesday's session.

A total of 131.84 million shares were traded through 3,162 transactions valued at AED 233.98 million.

Al Firdous Holding Company headed the losing stocks with 10%, while National International Holding Company (NIH) topped the rising stocks with 14.83%.

As for the Abu Dhabi Securities Exchange (ADX), the main index inched down by around 0.13% to close Tuesday's session at 7,688.54 points.

Turnover amounted to AED 1.7 billion after 255.76 million shares had been exchanged through 8,254 transactions.

Abu Dhabi National Co. for Building Materials (Bildco) came on top of the green zone with 9.83%, while Ras Al Khaimah Poultry & Feeding Co. led the red zone with 14.71%.