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DFMGI closes Monday in red zone; ADX rises

DFMGI closes Monday in red zone; ADX rises
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UAE – Mubasher: The main index DFMGI of Dubai Financial Market (DFM) showed negative performance on Monday after falling by 17 points (0.43%) to 3,934.52 points.

A total of 145.75 million shares were exchanged at a value of AED 349.08 million.

Emirates Reem Investments headed the risers with 6.66%, while International Financial Advisors Holding (IFA) led the losers with 9.77%.

Al Ansari Financial Services generated the largest trading volume and value of 44.40 million shares and AED 47.51 million, respectively.

On the other hand, the benchmark index FADGI of Abu Dhabi Securities Exchange (ADX) closed the session higher by 0.11% at 9,411.75 points.

The trading value reached AED 982.96 million through the exchange of 182.75 million shares. Meanwhile, the market cap value totalled AED 2.83 trillion.

International Holding Company (IHC) registered the highest turnover of AED 215.59 million, whereas Multiply Group posted the biggest trading volume of 21.56 million shares.

Union Insurance Company advanced the risers with 15%, while Hayah Insurance Company led the fallers with 6.15%.