DFM Remains Sluggish

The Dubai Financial Market (DFM) General Index closed at 1,642 (off 0.39%) Wednesday, as losses at Tamweel (down 9.50%) and Arabtec (3.34% lower) weighed on the gauge.

Market bellwether Emaar bucked the trend, closing 1.90% higher at Dhs 3.21 ($0.87).

Some 242.6 million shares were traded, valued at Dhs 308 million ($ 83.69 million), AMEinfo reported.