DFMGI closed the week in the red

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CORONAVIRUS IMPACT

Dubai Financial Market General Index (DFMGI) closed out the week in the red, bucking a 2-session uptrend.

The gauge inched down 0.73%, or 11.69 pts, to 1596.8, according to Mubasher data. It hit its intraday high and low of 1608.97 pts and 1594.18 pts.

Trading volume soared 117.6% to 355.22 million shares, compared to 163.23 million shares. Turnover also climbed 68.63% from AED 186.52 million to AED 314.52 million. Number of transactions also surged 101.07% to 4504 from 2240.

Decliners outnumbered advancers by 19 to 9, while 2 were stuck in neutral.

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