Dubai: Depa shares dragged Dubai Financial Market (DFM) index down 0.21 per cent to close at 1596.54 points.
Both Arabtec and Depa suffered losses despite Arabtec buying 149.6 million shares in Depa - valued at $65.8 million based on Wednesday’s closing share price on Nasdaq Dubai
Among the gainers, Dartakaful rose 3.03 per cent to close at Dh0.544, followed by Aman by two per cent to Dh1.02 and Shuaa by 1.79 per cent to Dh0.570.
Among the losers, Depa fell 14.77 per cent to $0.375, followed by Al Madina by 4.03 per cent to Dh0.691 and Union Properties by 2.20 per cent to Dh0.401.
Of the 29 companies traded, 13 rose, 12 declined and four remained unchanged.
About 89.48 million shares worth Dh101.93 million were traded on Thursday.
The index has hit a low of 1594.69 and a high of 1602.81 during intra trade yesterday.
The Abu Dhabi Securities market (ADX) index closed steady at 2642.42 points on Thursday.
Among the gainers, Green Crescent Insurance Company rose 5.88 per cent to Dh0.53, followed by Ras Al Khaimah White Cement by 3.85 per cent to Dh1.35 and Abu Dhabi National Co. for B and M by 3.57 per cent to Dh0.58.
Among the losers, Gulf Medical Projects Company lost 9.94 per cent to Dh1.45, followed by Eshraq by 6.67 per cent to Dh0.42 and Agthia by 2.44 per cent to Dh2.
“Etisalat’s Board of Directors will be holding its 195th meeting on Monday to discuss consolidated financial statements for the first ten months,” the telecom operator said on the Abu Dhabi Securities Exchange’s website.
Of the 31 companies traded, 10 rose, nine declined and 12 closed unchanged.
About 47.99 million shares worth Dh66.47 million were traded on Thursday.
