Emnex sheds 5.04 points

The UAE stock markets had a bad day yesterday, with the market performance indicator as well as all sector indexes failing to make advances during the trading session.

While Emnex lost 5.04 points, the financial services sector index closed 9.57 points lower at 2180.78. The Islamic sector index fell marginally by 1.11 points to close at 928.89. While the property sector index fell by 3.85 points, insurance and telecom sector indexes remained unchanged at 1197.91 and 1060.24 points respectively.

In the financial services sector, Dubai Investment and Mashreqbank remained unchanged at Dh5.70 and Dh630 respectively yesterday. While National Bank of Abu Dhabi dropped by Dh30, the loss suffered by National Bank of Sharjah was a marginal 15 fils.

NBS counter saw a volume of 26,345 shares valued at Dh184,415. Emirates Bank advanced by 20 fils yesterday as 2,000 shares changed hands for Dh35,400.

In the insurance sector, Al Khazna and Al Ain Al Ahlia insurance remained unchanged at Dh121 and Dh95 respectively.

Al Wathba Insurance, on the other hand, gained marginally by one fil as 100,000 shares changed hands for Dh226,000. In the Islamic sector, while Abu Dhabi Islamic Bank improved by 5 fils as 63,849 shares got traded for Dh1.033 million, Dubai Islamic Bank lost 10 fils during yesterday's trading.

Again, in the property sector, while Emaar lost 10 fils as 54,710 shares were traded, Union Property dropped by 15 fils to close at Dh20.30. Etisalat remained unchanged at Dh117 as 16,116 shares were traded for Dh1.885 million.