The Dubai Financial Market index declined at the close of trading on Monday, amid continued tensions in the region, which led to a decrease in the performance of most listed companies at the end of the day's activity, with the index settling at a level of 5668.26 points, losing 47.21 points of its value, a decline of 0.826%.
According to trading data, 137.099 million shares were traded, with a total value of AED 732.873 million, executed through 16,700 transactions. The session saw the share prices of 32 companies decline, while those of 13 companies rose, and the prices of 7 other companies remained unchanged.
The market capitalization of Dubai stocks recorded 924.116 billion dirhams at the end of today’s session, compared to about 932.185 billion dirhams in last Friday’s session, with the market capitalization losing about 8.069 billion dirhams in one day.
Ektitab Holding topped the list of decliners with a 4.93% drop to AED 0.405, followed by Taaleem Holding with a 3.63% decrease. The list included the following stocks:
Top performing stocks
The leading gainer was Al-Makhazen Company, which rose by 10.34% to reach a share price of 1.60 dirhams, followed by National General Insurance, which rose by 8.18%.
Market sector performance
Regarding sector performance, the consumer services sector declined by 1.422%, followed by the industrial sector with a decrease of 1.303%, and the financial sector fell by 1.178%.
In the same context, the real estate sector declined by 0.582%, and the public utilities sector by 0.398%, while the basic materials sector remained unchanged.
In contrast, the consumer goods sector bucked the trend, rising by 4.218%, while the telecommunications sector achieved growth of 0.784%.
