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UAE stock markets close Tuesday with collective decline

UAE stock markets close Tuesday with collective decline
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UAE – Mubasher: The main index of Dubai Financial Market (DFM) went down by 11.79 points (0.35%) and ended Tuesday’s trading session at 3,339.89 points.

A total of 303.26 million shares were exchanged at a value of AED 480.05 million.

Union Properties was the most active stock on which 81.72 million shares were traded, whereas Emaar Properties recorded the highest turnover of AED 102.67 million.

Ajman Bank advanced the gainers with 6.79%, while Dubai Islamic Insurance and Reinsurance Company (Aman) headed the decliners with 3.47%.

Similarly, the benchmark index of the Abu Dhabi Securities Exchange (ADX) closed the session lower by 0.723% at 10,374.14 points. 

The turnover reached AED 2.62 billion after 525.50 million shares were traded during the session. The market cap amounted to AED 2.67 trillion.

Ras Al Khaimah Poultry and Feeding Co (RAK Poultry) was the top faller with 10%, whereas Foodco National Foodstuff led the risers with 14.81%.

International Holding Company (IHC) registered the highest turnover of AED 251.98 million, while Abu Dhabi National Energy Company (TAQA) dominated the trading volume with 49.06 million shares.