DFM losses deepen in mid-session

Dubai-Mubasher: Dubai Financial Market (DFM) widened its losses in Monday’s mid-session, weighed by selling pressures on leading stocks.

The DFMGI lost 1.64% or 52.2 points to reach 3,122.15 points.

Turnover reached AED 187.67 million after 120.8 million shares were traded through 2,600 transactions.

The real estate sector led losers after falling 2% as Emaar Properties fell 2.07%

The banks sector declined 1.4% as Dubai Islamic Bank and Amlak Finance declined 3.27% and 3.57%, respectively.

The investment sector lost 1.3% as Dubai Investments and DFM Company decreased 1% and 2.54%.

The telecom and industrial sectors remained unchanged.

Mubasher Contribution Time: 07-Dec-2015 08:52 (GMT)