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UAE stock markets close Monday in red zone

UAE stock markets close Monday in red zone
The main index inched down by around 0.2%

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

The benchmark index of the Dubai Financial Market (DFM) went down 0.51% to settle at 2,865 points by the end of Monday's session.

A total of 214.13 million shares were traded through 4,538 transactions valued at AED 308.05 million.

National Central Cooling Co (Tabreed) topped the losing stocks with 3.57%, while  Al Salam Bank - Sudan led the rising stocks with 6.21%.

As for the Abu Dhabi Securities Exchange (ADX), the main index inched down by around 0.2% to close Monday's session at 7,933 points.

Turnover exceeded AED 1.6 billion after 266.91 million shares had been exchanged through 10,420 transactions.

National Corporation for Tourism and Hotels headed the red zone with 9.86%, while Gulf Cement Company came on top of the green zone with 15%.