Dubai – Mubasher: The Dubai Financial Market (DFM) closed Wednesday’s trading session with a positive performance, for the second session in a row, amid high liquidity supported by GFH’s announcement affirming its strong financial position.
The general index rose 1.50 points, or 0.06%, ending the session at 2,468.85 points.
The DFM’s trading volume increased to 209.78 million shares on Wednesday, from 149.38 million shares on Tuesday, while liquidity rose to AED 160.41 million against AED 118.06 million in the previous session.
GFH’s stock, which levelled up 5.49%, led the market in terms of trading volume with 84.15 million shares, generating AED 67.09 million in liquidity.
Union Properties’ stock was among the bourse’s gainers adding 3.5%, followed by Shuaa Capital’s stock with 2.56%.
On the other hand, Islamic Arab Insurance Company’s (Salama) stock headed the decliners falling 1.64%, followed by Aramex and Emaar Properties with 1.23% and 1.01%, respectively.
