The leading stocks pushed the local money market indices back in today's session

The local financial markets ended the trading session on Sunday, retreating under pressure from some of the leading stocks.

The Dubai Financial Market index closed today, down by 0.92%, at 2545 points, with trades amounting to a total of 153 million dirhams.

Shares of 13 companies out of the 33 companies traded today rose, while shares of 19 companies declined, and one company remained steady.

The share of "Emaar Properties" closed down by 0.8% at 3.63 dirhams, and traded nearly 11 million shares, while the share of "Emaar Malls" decreased by 1.7% at 1.74 dirhams, and through transactions of nearly 8 million shares.

DXB Entertainments fell 1.3% at 0.075 dirhams, and through trading nearly 13 million shares, while Dubai Islamic shares fell 0.6% at 4.77 dirhams, through transactions that exceeded 4 million shares.

The most heavily traded shares were "Amanat", up by 1.1% at AED0.849, and with transactions that exceeded 34 million shares.

The Abu Dhabi Securities Market index closed today slightly lower by two points, at 5691 points, and through trades totaling 825 million dirhams.

The share of "Aldar Properties" closed at its previous price of 3.7 dirhams, and in transactions that exceeded 59 million shares, while the share of "Ishraq Investment" rose 2.2% at 0.327 dirhams, and trades close to 17 million shares.

"First Abu Dhabi" shares fell by 0.1% at 14.9 dirhams, and in transactions that exceeded 15 million shares, while the share of "Dana Gas" rose by 2.8% at 0.73 dirhams, and trades exceeded 25 million shares.

In the same context, companies announced important news related to them during today's session, where the board of directors of "Damac Properties", during its meeting held last Thursday, approved the increase of the company's ownership in the capital of "Damac International Limited".

In a statement on the Dubai Financial Market, the company indicated that the Board agreed to increase its stake in the company from 20% to 45%.

Dana Gas also announced that its Board of Directors will discuss the distribution of proposed cash dividends for the fiscal year ending on December 31, 2020, during its meeting to be held on March 10.

The company added, in a statement to the Abu Dhabi Stock Exchange, that its board of directors will also discuss the dividend policy.

The General Assembly of "Gulf Medical Projects", held today, March 7, 2021, approved the distribution of cash dividends to shareholders at a rate of 10% (equivalent to 10 fils / share) of the capital for the year 2020.

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