Trading on the Dubai Financial Market (DFM) surged, with total volume traded rising by 36.9% to 4.8 billion shares compared to 3.5 billion in February. Despite this growth, the DFM General Index fell by 1.5%, marking its first decline after four consecutive months of gains, primarily due to a 5.2% drop in the financial sector, including a significant decline in Mashreq Bank's shares. However, the real estate sector performed strongly, posting a 4.0% gain, driven by substantial growth in Deyaar Development and Union Properties. Union Properties also topped the list of monthly gainers, with a 20.3% increase in its share price. While the value of shares traded rose by 11.1% to Dh8.8 billion, Emaar Properties led in terms of value traded, reaching Dh1.7 billion. Meanwhile, in Abu Dhabi, the FTSE ADX index declined by 0.3%, with the consumer discretionary sector seeing the largest drop, while consumer staples saw a notable 10.8% gain, primarily due to Agthia Group's performance.
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