Arabtec Holding pushes up DFMGI at Sunday's close

Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index added 0.22% to 3,471.09 points on Sunday, pushed up by blue chips, on top of which Arabtec Holding.

The services sector surged 2.08% after Amanat Holdings soared 2.8% to AED 1.47, while the transportation sector went up 1.3%, as Air Arabia grew 1.6% to AED 1.26 and Aramex rose 1.16%.

The consumer staples and the banks sectors levelled up 0.4% each after DXB Entertainments and Dubai Islamic Bank (DIB) added 0.7% and 0.63%, respectively.

Arabtec Holding surged 6.53% to AED 2.61, while DAMAC Properties and Union Properties increased by 2.11% and 2%, respectively.

On the other hand, Al Ramz Corporation topped the market’s losers, dropping 5.4% to AED 1.4, as Emaar Properties and Emaar Malls shed 1.48% and 0.9%, respectively.

The DFM’s trading volume decreased by 11.4% to 344.96 million shares from 389.28 million shares on Thursday, while the market’s liquidity dropped 18% to AED 486.62 million, compared to AED 591.84 million in the previous session.

GFH Group’s stock, which rose 1.3% to AED 1.58, led the market in terms of both trading volume and value, with 65.63 million traded shares, generating AED 104.59 million.

MUBASHER Contribution Time: 07-Jan-2018 11:59 (GMT)
MUBASHER Last Update Time: 07-Jan-2018 12:07 (GMT)