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UAE stock markets close Wednesday in red zone

UAE stock markets close Wednesday in red zone
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UAE – Mubasher: The main index of the Dubai Financial Market (DFM) fell by 9.13 points (0.27%) at the end of Wednesday’s trading session to close at 3,338.80 points.

A total of 131.14 million shares were traded at a value of AED 258.99 million.

Ekttitab Holding headed the losers with 5.73%, whereas Mashreq Bank advanced the gainers with 5.62%.

Emaar Properties recorded the highest turnover of AED 76.12 million, while Amlak Finance was the most active stock on which 17.70 million shares were exchanged.

In the meantime, the benchmark index of the Abu Dhabi Securities Exchange (ADX) decreased by 0.524% to close the session down at 9,852.18 points.

The trading value amounted to AED 1.53 billion through the exchange of 287.97 million shares. The market cap reached AED 2.05 trillion.

Umm Al Qaiwain General Investment Company led the fallers with 10%.

Multiply Group was the top riser with 11.48%, in addition to being the most active stock where 117.60 million shares were traded.

Meanwhile, International Holding Company (IHC) posted the highest turnover of AED 376.32 million.