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UAE stock markets close Wednesday on negative note

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

The benchmark index of the Dubai Financial Market (DFM) declined by 1.92% to close Wednesday's session at 3,528.53 points.

Turnover amounted to AED 479.22 million after 154.86 million shares had been exchanged through 7,088 transactions.

Al Ramz Corporation Investment and Development led the rising stocks with 8.57%, while Ekttitab Holding topped the losing stocks with 9.13%.

As for the Abu Dhabi Securities Exchange (ADX), the main index decreased by 1.25% to settle at 9,747.28 points by the end of Wednesday's session.

A total of 294.88 million shares were traded through 13,100 transactions valued at AED 1.88 billion.

International Holding Company (IHC) came on top of the green zone with 2.56%, while Ras Al Khaimah Poultry & Feeding Co. headed the red zone with 9.68%.