Complex Made Simple

While Dubai developers dip the market gains

The DFM General Index closed 0.03 per cent higher at 3,307.30 points, while trading volumes remained at record-high levels on Thursday, December 26. Approximately 1.46 billion shares worth Dhs1.696 billion changed hands. Air Arabia was the top gainer, as the Sharjah-based low-cost airline flew 4.70 per cent higher to arrive at Dhs1.56. Bahrain-based Gulf Finance House rose 0.45 per cent, hitting Dhs0.663. Developers weighed on the gauge, with Emaar (down 0.58 per cent at Dhs7.48), Deyaar (down 1.71 per cent at Dhs0.98) and Union Properties (2.58 per cent lower at Dhs1.18).

Gérard Al-Fil