DFM boosts gains in mid-session

Dubai-Mubasher: Dubai Financial Market (DFM) continued its upward trend in Monday’s mid-session, spurred by the positive performance of real estate, banks, investment and telecom sectors.

The DFMGI gained 1.71% or 50 points to reach 2,932.8 points by 12:20pm UAE time.

The market saw trading of 144 million shares through 2,640 transactions, with turnover of AED 187 million.

The real estate sector advanced 2.8% as Arabtec Holding and Emaar Properties added 3.8% and 2.14% in a row.

The banks sector levelled up 1.01% due to the rise of Dubai Islamic Bank and Amlak Finance by 1.84% and 3.54%, respectively.

The investment sector increased 1.8% after Dubai Investments and DFM Company went up 2.15% and 1.85%.

The telecom sector gained 0.2% as du grew to AED 4.98.

Mubasher Contribution Time: 14-Dec-2015 08:46 (GMT)