DFM ends in green on cherry-picking deals Wednesday

Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index rose 6.55 points, or 0.24%, to close at 2,756.69 points on Wednesday, encouraged by selective buying transactions on blue-chip stocks.

The investment sector topped risers gaining 1.91% after Dubai Investments increased by 2.60% to finish at AED 1.47.

The consumer staples sector added 1.64% as DXB Entertainments rose 1.84% to AED 0.333.

The transportation sector levelled up 1.53%, boosted by Aramex, which advanced 1.67% to AED 4.27.

The telecommunication sector and its only stock, du, jumped 0.4% each,

The insurance sector edged up 0.04%, pushed up by Aman’s 1.52% growth. The banks sector also went up 0.01% after Ajman Bank added 1.6%.

On the other hand, the service sector led decliners falling 0.27% as Tabreed dropped 0.61%.

The real estate sector dipped 0.07% after Emaar Properties levelled down 0.21%, while Arabtec Holding gained 1.8%.

The DFM's trading volume shrank to 73.77 million shares from 104.58 million on Tuesday, while turnover retreated to AED 115.61 million versus AED 139.06 million in the previous session.

Mubasher Contribution Time: 21-Nov-2018 10:56 (GMT)
Mubasher Last Update Time: 21-Nov-2018 10:56 (GMT)