DFM back to green in early trades

Dubai-Mubasher: Dubai Financial Market (DFM) saw an upward trend in Thursday’s early trades, spurred by the real estate and banks sectors.

DFMGI advanced 1.13% or 35.99 points to reach 3,216.76 points by 10:30am UAE time.

The transportation sector increased 2.02% as Air Arabia and Gulf Navigation Holding grew 4.17% and 3.23%, respectively

The real estate sector levelled up 1.51%, backed by Emaar Malls (+2.51%), Union Properties (+1.75%), Arabtec Holding (+1.34%), Deyaar Development (+1.34%) and Emaar Properties (+1%).

The banks sector advanced 1.07% after Amlak Finance and Dubai Islamic Bank rose 4.29% and 1.84%, respectively.

The investment sector gained 0.43% after DFM Company went up 2.68%.

The consumer staples sector was the only loser after falling 0.09% as Amanat Holdings declined 0.13%.

Mubasher Contribution Time: 19-Nov-2015 06:44 (GMT)