Dubai – Mubasher: Dubai Financial Market (DFM) was up on Sunday, extending a rise to the second successive day, as it propelled by real estate stocks mainly Arabtec and Emaar, in addition to NBD and Dubai Investments.
The main gauge shut 0.5% or 16.44 points higher at 3,289.74 points.
Sunday’s traded value amounted to AED 313.24 million ($85.28 million), down from AED 333.87 million ($90.89 million) on Thursday. Meanwhile, traded volume rose to 285.5 million shares from 254.88 million shares.
The transport sector topped gainers, with a rise of 1.3%, backed by Gulf Navigation (+5%), in addition to Aramex and Air Arabia.
The investment sector also rose 0.68% after Dubai Investments and DFM Company rallied by 0.48% and 1.72, in a row.
The real estate sector gained 0.66%, backed by Arabtec and Emaar that rose by 0.83% and 0.49% respectively.
The banks sector was up 0.43% after Emirates NBD gained 3.54%, while DIB shed 0.8%.
Meanwhile, the telecoms sector shut 0.4% lower after du stock shut below the AED 5 level at AED 4.980.
