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UAE stock markets close Wednesday's session on negative note

UAE stock markets close Wednesday's session 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 settle at 3,061.80 points by the end of Wednesday's session.

A total of 94.97 million shares were traded through 6,417 transactions valued at AED 251.45 million.

National General Insurance Company (NGI) topped the green zone with 13.63%, while Emirates Refreshments Company (ERC) headed the red zone with 8.43%.

As for the Abu Dhabi Securities Exchange (ADX), the main index went down 0.16% to close Wednesday's session at 9,194.4 points.

Turnover amounted to AED 1.16 billion after 163.59 million shares had been exchanged through 8,877 transactions.

Ghitha Holding came on top of the rising stocks with 8.05%, while Abu Dhabi National Co. for Building Materials (Bildco) led the losing stocks with 9.19%.