DFM ends Monday in green on selective buying

Dubai – Mubasher: The Dubai Financial Market (DFM) closed Monday’s trading session with positive performance, supported by selective purchases on the stocks of the real estate and banks sectors.   

The DFM’s general index hiked 2.35%, or 61.99 points, to finish the session at 2,696.85 points.

Turnover grew to AED 283.34 million on Monday, compared to AED 166.37 million on Sunday, while trading volume decreased to 137.12 million shares, against 139.75 million shares in the prior session.

By the end of the session, the bourse’s market capitalisation increased by AED 6.9 billion, recording AED 355.75 billion.

The investment sector topped risers after adding 3.12% as DFM Company and Dubai Investments increased by 5.96% and 2.92%, respectively.

Similarly, the real estate sector grew 3.01% due to Emaar Properties’ 3.98% jump, while the banks sector levelled up 2.32% as Emirates NBD went up 4.5%.

Meanwhile, the services sector headed decliners with 0.65% on the back of Amanat Holdings’ 1.02% fall.

Mubasher Contribution Time: 01-Apr-2019 12:41 (GMT)
Mubasher Last Update Time: 01-Apr-2019 12:46 (GMT)