Emirates NBD recorded the only gains, mid-trade, after successfully standing strong to the wave of declines currently overcoming the Dubai Financial Market (DFM). The share recorded a 0.52% gain, an hour before the end of the session, reaching AED 9.750.

The banking sector had shed 0.68% following negative performance by Dubai Islamic Bank (DIB) and Ajman Bank.

The DFM’s benchmark index slid by 88.3 pts or 1.7%, falling to 5039.6 pts, amid property sector selling pressures during the last day of Emaar Malls’ subscription for individuals.