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UAE stock markets close Tuesday in red zone

UAE stock markets close Tuesday in red zone
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UAE – Mubasher: The main index of Dubai Financial Market (DFM) closed Tuesday’s session lower by 48.51 points (1.46%) at 3,258.88 points.

The trading value reached AED 422.28 million through the exchange of 168.99 million shares.

Emirates Refreshments Company led the fallers with 6.53%, while Al Firdous Holding advanced the risers with 14.45%.

Emaar Properties recorded the highest turnover of AED 118.84 million, while Dubai Electricity and Water Authority (DEWA) was the most active stock on which 34.14 million shares were exchanged.

Similarly, the benchmark index of Abu Dhabi Securities Exchange (ADX) fell by 2.64% to 9,426.75 points.

The trading value amounted to AED 1.56 billion after 251.95 million shares were traded. The market cap reached AED 1.87 trillion.

Fujairah Cement Industries Company led the fallers with 9.62%, while Gulf Cement Company headed the risers with 5.37%.

International Holding Group (IHC) generated the highest turnover of AED 330.92 million, while Multiply Group was the most active stock on which 62.86 million shares were exchanged.