DFM closes on negative note amid profit taking

Dubai – Mubasher: Dubai Financial Market (DFM) closed on negative note on Thursday amid profit taking over leading stocks.

The benchmark index of DFM eased 0.08% or 2.82 points to close at 3,517.33 points.

“DFM witnessed fluctuating movement on Thursday amid profit taking over leading stocks, especially Arabtec Holding,” said Mohamed EL Aazmy, technical analyst.

The benchmark will target the level of 3,450 points if it continued in the current downside trend, added the analyst.

The market witnessed 271.50 million shares changed hands worth AED 323.78 million.

MUBASHER Contribution Time: 22-Dec-2016 11:00 (GMT)
MUBASHER Last Update Time: 22-Dec-2016 11:00 (GMT)