DFM breaks 4-session losing streak, rises 35 pts Tuesday

Dubai – Mubasher: The Dubai Financial Market (DFM) ended Tuesday’s trading session in positive territory, after four consecutive drops, supported by selective purchases on blue-chip stocks after the recovery of US stocks.

The general index rose 35.53points, or 1.42%, to finish the mid-week session at 2,5353.46 points.

Turnover amounted to AED 244.52 million after 216.90 million shares were traded.

The investment sector topped the DFM’s risers adding 9% on the back of Dubai Investments’ 11.11% jump, followed by the consumer staples sector with 3.86% after DXB Entertainments grew 4.47%.

Similarly, the insurance sector levelled up 3.27% due to Salama Cooperative Insurance’s 7% increase, while the real estate, transportation and banks sectors went up 1.69%, 0.57% and 0.56%, respectively.

Mubasher Contribution Time: 11-Dec-2018 10:49 (GMT)
Mubasher Last Update Time: 11-Dec-2018 10:54 (GMT)