Dubai – Mubasher: The Dubai Financial Market (DFM) registered its second consecutive rise, as the benchmark index closed Wednesday’s trading session up by 0.04% or 0.95% at 2,070.97 points.
Market cap increased by AED 70 million to AED 292.46 billion, compared to AED 209.39 billion on Tuesday.
Trading volumes amounted to 247.78 million shares, which were traded through 3,797 transactions at a turnover of AED 203.70 million.
Banks led the rising market sectors and recorded gains of 1%.
Dubai Islamic Insurance (AMAN) led the rising stocks and levelled up by 1.63%, while Union Properties led 21 declining stocks and lost 4.95%.
Union Properties was the most actively traded stock with 119.59 million shares, while Emirates NBD registered the highest trading value with AED 43.67 million and closed up by 1.36%.
Meanwhile, blue-chip Arabtec and Emaar fell by 3.43% and 0.36%, respectively.