Dubai – Mubasher: The Dubai Financial Market (DFM) ended Wednesday’s trading session in green, encouraged by the purchasing transactions on blue-chip stocks.
The general index rose 33.04 points, or 1.32%, to end at 2,544.12 points.
By the end of the session, the DFM’s market capitalisation increased by AED 3.02 billion to AED 343.024 billion, from AED 339.822 billion on Tuesday.
The banks sector topped the market’s risers adding 2.86% as the heavyweight Emirates NBD and Dubai Islamic Bank (DIB) grew 5.3% and 1.18%, respectively.
Similarly, the investment sector levelled up 1.13% as Dubai Investments and DFM Company went up 1.6% and 0.13%, respectively, while the real estate sector advanced 0.55% due to DAMAC Properties’ 4.24% increase.
Meanwhile, the services sector topped the bourse’s losers falling 2.42%, pressured by Amanat Holdings which dipped 6.31%.
Air Arabia’s stock topped the DFM’s decliners losing 1.3%, followed by Aramex with 1.2%.
The DFM’s traded volume stood at 101.95 million shares on Wednesday, compared to 207.414 million shares on Tuesday, while liquidity plunged to AED 131.55 million, against AED 181.495 million in the previous session.
