Retail investors supported local indices during last week's turmoil in global markets, with escalating trade confrontations between China and the United States.

The Dubai Financial Market Index closed 2.2% lower at 2837.96 points. The market witnessed a decline over the first three sessions of last week, but was able to recover some of the losses after rising during the last two sessions of the week by 1.5%.

Nationals netted ADX buyers by AED 90.88 million, while Arabs, Gulf and foreigners were net sellers, with AED 13.2 million, AED 34.6 million and AED 43.12 million respectively.

The Abu Dhabi Securities Market index fell 2.5% to close at 5,097.17 points. The market witnessed a decline during the week's sessions except Wednesday's session, which rose by 0.74%.

Arabs, Gulf nationals and individuals tended to buy in the market, while foreigners, citizens and institutions tended to sell.

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