By: Mahmoud Gamal
Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index grew 6.12 points, or 0.21%, to close at 2,918.74 points on Sunday on the back of selective purchases.
The slight increases in the market today was expected, given the end of the disclosure period and the beginning of the holy month of Ramadan, capital market analyst Mohamed Al Azmi told Mubasher.
The transportation sector gained 0.94% after Aramex rose 2.89%, while the real estate sector increased by 0.18%, as Emaar Malls, Drake and Scull International (DSI), Damac Properties, Arabtec Holding, and Emaar Properties levelled up 0.97%, 1.7%, 0.8%, 0.5%, and 0.2%, respectively.
The DFM’s trading volume reached 147.4 million shares, while the market’s liquidity hit AED 208.92 million.
DSI led the DFM in terms of both trading volume and value, with 53.35 million traded shares and a turnover of AED 65.14 million.
Translated by: Muhammad Khalid
