In the capital, the stock measure declined for the third straight day as real estate, investment and financial services and energy stocks retreated.
The DFM General Index fell 1.12 per cent to end at 4176.64 amid modest increase in volumes of shares traded and their turnover. The volume rose from 1.21 billion shares to 1.45 billion, which was valued at Dh2.96 billion. Monday's turnover stood at Dh2.50 billion.
"Some investors have started to book their profits, especially retail investors who have been pretty active in the market for the past weeks," said
Among the most active stocks, majority declined, including
"Emaar released a very strong result after the close yesterday and the market reacted positively today," said Henin. "At the same time, the stock has underperformed the index massively since the beginning of the year."
Emaar has gained 17 per cent year to date after it share price doubled last year.
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