Dubai – Mubasher: The Dubai Financial Market (DFM) saw a positive performance on Monday on the back of real estate and banks stocks, reversing the downtrend it had maintained for five successive sessions.
The general index rose 0.38% or 13.49 points to reach 3,556.82 points.
The market saw trading of 322.2 million shares, with a turnover of AED 395.8 million.
The real estate sector grew 0.92% as Arabtec advanced 6.4%. The banks sector also went up 0.15% after Dubai Islamic Bank (DIB) gained 0.37%.
On the flipside, the investment sector fell 0.48% as GFH Financial Group, SHUAA Capital, and Gulf General Investment (GGICO) retreated 1.95%, 1.73%, and 1.61%, respectively.
The industrial sector slid 3.23% as National Cement Co tumbled 3.23%.
Arabtec Holding was the value leader with a turnover of AED 98.43 million generated from the exchange of 105.7 million shares.
