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DFM closes Wednesday down; ADX up

DFM closes Wednesday down; ADX up
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UAE – Mubasher: The main index of the Dubai Financial Market (DFM) fell by 3.88 points (0.11%) on Wednesday and ended the trading session at 3,326.21 points.

A total of 157.59 million shares were exchanged at a value of AED 248.06 million.

Emaar Properties recorded the highest turnover of AED 45.29 million.

Gulf Navigation Holding (GNH), which headed the decliners with 3.81%, was the most active stock on which 44.23 million shares were traded.

Meanwhile, Dubai Islamic Insurance and Reinsurance Company (Aman) topped the risers with 11.39%.

On the other hand, the benchmark index of the Abu Dhabi Securities Exchange (ADX) closed the session higher by 1.433% at 10,508.44 points. The market cap amounted to AED 2.53 trillion.

The turnover reached AED 3.09 billion after 321.89 million shares were exchanged during the session.

National Mobile Telecommunications Company (Ooredoo) led the losers with 9.78%, while Fujairah Building Industries advanced the gainers with 14.62%.

International Holding Company (IHC) generated the highest turnover of AED 298.03 million, whereas Multiply Group dominated the trading volume with 36.75 million shares.