Data News > Dubai Financial Market Closes in Red, ADX Sees Increase

Dubai Financial Market Closes in Red, ADX Sees Increase

By KlickAnalytics Data Insights  |   May 16, 2024 08:00AM ET

- DFM main index falls by 0.18% to 4,085.78 points
- Emaar Properties tops trading value at AED 139.87 million
- Reem Investments leads risers, while National International Holding leads fallers

The Dubai Financial Market (DFM) closed Thursday's trading session in the red zone, with the main index falling by 0.18% to 4,085.78 points. A total of 174.22 million shares were exchanged during the session, valued at AED 396.35 million. Emaar Properties generated the highest trading value at AED 139.87 million, while Union Properties was the most active stock with 49 million shares. Reem Investments advanced the risers with 3.54%, whereas National International Holding led the fallers with 8.73%.

On the other hand, the benchmark index of the Abu Dhabi Securities Exchange (ADX) saw an increase of 0.198% to 9,039.31 points. ADX's turnover reached AED 1.12 billion with the exchange of 358.91 million shares, and the market cap value stood at AED 2.79 trillion. International Holding Company (IHC) generated the highest turnover at AED 196.89 million, while Eshraq Investments dominated the trading volume with 78.02 million shares. Foodco National Foodstuff led the gaining companies with 12.50%, while Palms Sports headed the losers with 9.97%.
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