Dubai: Dubai’s DFM index declined for the second day to close 0.92 per cent lower at 1558.83 as investors book profits. The index touched lowest level in almost two weeks.

Among the gainers, GGICO rose 6.25 per cent to close at Dh0.340, followed by Gulf Finance House by 1.17 per cent to Dh0.519 and Takaful-EM by 1.15 per cent to Dh0.617.

Among the losers, Emirates NBD fell 3.26 per cent to Dh2.97, followed by Union Properties by 2.72 per cent to Dh0.393 and Dartakaful by 2.56 per cent to Dh0.610.

Of the 28 companies traded, five rose, 22 declined and one remained unchanged.

About 80.46 million shares worth Dh89.52 million were traded on Monday.

The DFM index has surged 15.18 per cent so far this year and rose 1.05 per cent for the month.

The index touched a high of 1571.42 and a low of 1555.70 points during the intra trade.

Abu Dhabi: The Abu Dhabi Securities market (ADX) index fell 0.44 per cent to close at 2589.60 points. Stocks that are usually targeted by retail investors are the main drag on the index.

Of the 25 companies traded, six rose, 14 declined and five closed unchanged.

About 52.19 million shares worth Dh78.65 million were traded on Monday.

Among the gainers, Bank of Sharjah rose 2.61 per cent to Dh1.17, followed by Sharjah Islamic Bank by 2.25 per cent to Dh0.90 and Ras Al Khaimah White Cement by 2.04 per cent to Dh1.47.

Among the losers, Eshraq lost 3.23 per cent to Dh0.30, followed by Dana by 2.56 per cent to Dh0.38 and Methaq by 1.85 per cent to Dh1.06.

ADX index has surged 7.80 per cent so far this year and rose 3.33 per cent for the month.