Dubai – Mubasher: The Dubai Financial Market (DFM) opened Tuesday’s trading session in the green, backed by the rise of banks and real estate sectors.
The main index rose 0.15% or 5.60 points to reach 3,459.44 points by 10:50am UAE time.
The market saw trading of 52.39 million shares through 735 transactions, with a turnover of AED 52.878 million.
The investment sector was the top gainer with a 0.71% rise as Dubai Investments went up 0.82%.
The transportation sector grew 0.57% after Air Arabia and Gulf Navigation Holding rose 0.39% and 2.10%, respectively.
The banks sector also climbed 0.16% due to an increase in Dubai Islamic Bank (DIB) by 0.18%. Likewise, the real estate sector advanced 0.04% after Emaar Malls Group levelled up 0.80%.
On the other hand, the services sector led losers with a 0.49% decline as Tabreed fell 1.59%. The telecom sector also retreated 0.49% due to a decrease in du by 0.49%.
Hits Telecom was the value leader and most active stock after trading 26.97 million shares.
