Dubai – Mubasher: The Dubai Financial Market’s (DFM) index inched up 4.66 points or 0.17% to close at 2,780.95 points on Sunday.
By the end of the first session of the week, market capitalisation climbed AED 743 million to AED 363.52 billion, from AED 362.77 billion in the previous session.
The DFM’s turnover amounted to AED 234.79 million on Sunday after 174.47 million shares were exchanged through 2,387 transactions.
The banks sector topped gainers with 0.79%, backed by Emirates NBD which added 1.37% to AED 12 after pushing ahead with its acquisition deal to buy Turkey’s Denizbank and its pricing range for Network International's initial public offering (IPO) on the London Stock Exchange (LSE).
Similarly, the insurance sector rose 0.47% after Islamic Arab Insurance (Salama) increased 1.72%.
Meanwhile, the investment sector grew 0.24%, supported by Shuaa Capital which gained 4.36%.
In addition, the transportation sector edged up 0.05%, as Gulf Navigation Holding and Air Arabia advanced 8.5% and 0.20%, respectively.
On the other hand, the services sector declined 2.81% after Amanat Holdings fell %3.32; the consumer goods sector dropped 1.68% as DXB Entertainments retreated 1.98%; and the telecommunications sector and its sole stock, Du, went down 1.54%.
Emirates NBD was the most active stock with a turnover of AED 77.649 million after 6.49 million shares were exchanged.
