Dubai – Mubasher: The Dubai Financial Market (DFM) closed Thursday’s trading session slightly up as investment funds would tend to boost their inflows into the exchange over the coming period.
The DFM’s general index inched up 0.80 points, or 0.03%, to 2,758.60 points.
Trading volume amounted to 159.594 million shares exchanged through 2,094 transactions at a turnover of AED 164.086 million.
Market capitalisation fell by AED 318 million and closed the session at AED 361.694 billion.
The banks sector was the sole riser with 0.56%, while the consumer staples, the real estate, and the services sectors shed 1.16%, 0.66%, or 0.54%, respectively.
Dubai Islamic Bank was the most active stock by value with a turnover of AED 29.774 million, while Union Properties was the most active stock by volume after seeing trades of 58.841 million shares.
Arabtec’s stock levelled up 1.26% to AED 1.61 and Emirates NBD went up by 0.43$ to AED 11.55.
On the other hand, DXB Entertainment and Emaar Properties tumbled 1.36% to AED 1.36 and 1% to AED 4.95, respectively.
On a weekly basis, the general index slid by 0.37% at 2,758.60 points, losing 10.25 points, marking four-week low.
Weekly trading volume reached 183.5 million shares, versus around 271.44 million shares last week.
Moreover, the DFM’s turnover shrank to AED 260.18 million by the end of this week, compared to AED 488.3 million in the week before.
