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UAE stock markets close Sunday on negative note

UAE stock markets close Sunday on negative note
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UAE - Mubasher: The UAE stock markets have ended Sunday's trading session in the red zone.

The benchmark index of the Dubai Financial Market (DFM) declined by 5.17% to close Sunday's trading session at 3,006.47 points.

A total of 521.885 million shares were traded through 8,711 transactions valued at AED 735.839 million.

GFH Financial Group (GFH) headed the losing stocks with 10%, while Damac Properties came on top of the rising stocks with 0.74%.

As for the Abu Dhabi Securities Exchange (ADX), the main index retreated by 1.82% to end Sunday's session at 8,299.939 points.

Turnover amounted to AED 1.678 billion after 318.152 million shares had been exchanged through 9,490 transactions.

National Corporation for Tourism and Hotels (NCTH) topped the red zone with 10%, while Al Buhaira National Insurance Company led the green zone with 5.88%.