Data News > UAE Stock Markets Close Wednesday on a Downward Trend

UAE Stock Markets Close Wednesday on a Downward Trend

By KlickAnalytics Data Insights  |   October 2, 2024 08:00AM ET

- Dubai Financial Market (DFM) main index closed lower by 37 points (0.82%) at 4,440.27 points
- Emaar Properties led in turnover with AED 104.83 million, while Drake and Scull International (DSI) had the highest trading volume with 42.80 million shares
- Abu Dhabi Securities Exchange (ADX) benchmark index fell by 1.048% to 9,307.07 points

In the latest trading session, the main index of Dubai Financial Market (DFM) ended on a sour note, decreasing by 37 points (0.82%) to close at 4,440.27 points. The total turnover for the session was AED 449.80 million, with Emaar Properties recording the highest turnover at AED 104.83 million. Additionally, Drake and Scull International (DSI) dominated the trading volume with 42.80 million shares. National International Holding (NIH) saw gains of 14.38%, while Dubai Refreshments faced losses of 9.93%.

On the other hand, the benchmark index of the Abu Dhabi Securities Exchange (ADX) also experienced a decline, falling by 1.048% to close at 9,307.07 points. The turnover reached AED 3.78 billion, with International Holding Company (IHC) recording the highest turnover at AED 168.13 million. Multiply Group was the most active stock with 40.42 million shares traded. Al Khaleej Investment was among the top risers with an increase of 8.24%, while Aram Group led the decliners with a decrease of 9.67%.
Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.