Dubai Financial Market General Index (DFMGI) ended in the negative territory for the second consecutive session.
It lost as much as 0.71%, or 11.35 points to 1585.45, compared to Thursday’s closing level of 1596.8. The measure hit its intraday high and low of 1597.3 and 1581.19 respectively.
Trading activity was subdued compared to Thursday’s levels. Traded volume dropped 57.18% to 152.12 million shares, compared with 355.22 million shares. Similarly, turnover fell 54.2% from AED 314.52 million to AED 144.07 million. The number of transactions also decreased 43% from 4504 to 2567.
