Following Japan's fall to a 15-month low on Monday, the Dubai Financial Market (DFM) ended a choppy day of trading, finishing 0.45% lower at 1,493.46 points. The DFM resumed trading Bahrain's Gulf Finance House (GFH) shares after the Islamic investment bank disclosed its interim reviewed financial statements for the second quarter, reporting a $40m loss. GFH shares posted the largest loss, closing 10% lower at Dhs0.478 as the bank reported its seventh straight quarterly loss. As GFH's total debt has mounted to $412m, it has named Germany's Deutsche Bank to restructure its loan portfolio. Nasdaq Dubai listed Dubai Ports (DP) World, which are also traded on the DFM platform, lost 0.20% and closed at $0.499. EFG Hermes downgraded the world's fourth largest container port operator to "Neutral" from "Buy" after the share saw "a strong rally in recent weeks (+20%) and is therefore likely to pause for breath", EFG Hermes writes in a statement released today, adding that "we lower our 2010 and 2011 net income estimates by 12% and 16%, respectively, due to higher depreciation, tax and minority interest charges." Low budget carrier Air Arabia (down 0.88% at Dhs0.793) denied media reports that it aims to buy another airline, after speculations came up that three airliners, including Sharjah-based Air Arabia, examine a possible takeover of Saudi competitor Sama Airlines. Sama grounded operations today after recording a loss of US$266 million, it has been reported. According to Bloomberg, it needs $80m to restart its operations.