DFM and ADX fall further

The Dubai Financial Market slipped by 1.89% today to 1,714, with 23 stocks falling and only 3 rising. Market heavyweight Emaar Properties fell by 2.32% to Dhs3.790. Gulf Navigation was the day’s biggest gainer, moving up 5.77% to Dhs0.550.

The Abu Dhabi Securities Exchange too slipped by 0.90% today to close on 2,777, led by the Real Estate sector, which fell 4.94%.  Aldar Properties fell by 5.30% to Dhs3.92. Abu Dhabi Commercial Bank had the day’s biggest loss, tumbling by 8.60% to Dhs1.72.

The current Foreign Exchange and Gold rates are: