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UAE stock markets maintain downward performance on Wednesday

UAE stock markets maintain downward performance on Wednesday
The benchmark index of the DFM declined by 1.14%

UAE - Mubasher: The UAE stock markets have ended Wednesday's trading sessions in the red zone, keeping their downward performance for the third session in a row.

The benchmark index of the Dubai Financial Market (DFM) declined by 1.14% to close Wednesday's session at 2,751.5 points.

A total of 74.99 million shares were traded through 2,564 transactions valued at AED 150.44 million.

National International Holding (NIH) Company led the losing stocks with 5.26%.

As for the Abu Dhabi Securities Exchange (ADX), the main index inched down 0.44% to settle at 7,654.83 points by the end of Wednesday's session.

Turnover amounted to AED 1.7 billion after 260.57 million shares had been exchanged through 21,599 transactions.

Ras Al Khaimah Poultry & Feeding Co headed the red zone with 10%, while Abu Dhabi National Co. for Building Materials (Bildco) topped the green zone with 10.15%.