DFM retreats 0.5 per cent

DUBAI — The Dubai Financial Market (DFM) General Index retreated 0.5 per cent to 4,187.90 yesterday after opening on Sunday with a 3.63 per cent gain to 4,208.60. Shares in Abu Dhabi advanced for the ninth consecutive day, however, gaining 0.8 per cent to 3,321.61.

By A Staff Reporter

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Published: Tue 15 May 2007, 9:00 AM

Last updated: Sat 4 Apr 2015, 11:02 PM

Amlak Finance, the country's biggest mortgage provider by market value, fell 3.2 per cent to Dh3.35. Officials said Amlak is talking with regulators in Syria, Turkey, Pakistan and Morocco with an aim to expanding into new regional markets.

International Financial Advisers was the biggest loser in the Dubai benchmark, falling 12.85 per cent to Dh2.85, followed by Public Warehousing Co with a slump of 10.71 per cent to Dh25.

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