Dubai – Mubasher: The Dubai Financial Market (DFM) closed the week ended 11 April on a positive note after rising by 13.87 points, or 0.5%, to close at 2,790.16 points, compared to 2,776.29 points a week earlier.
The banks sector increased by 2.43% over the week after Dubai Islamic Bank and Emirates NBD advanced 2.2% and 3.5%, respectively.
Similarly, the investment sector levelled up 5.97% as Dubai Investments grew 6.4%.
Additionally, the real estate sector inched up 0.03%, supported by Emaar Properties which added 1.4%.
On the other hand, the goods sector declined 3.7% over the week as DXB Entertainments retreated 4.28% after announcing that the number of visitors to Dubai Parks and Resorts dropped 11% year-on-year to 760,000 in the first quarter of 2019.
The DFM’s traded volume slightly increased to 983.36 million shares this week from 980.803 million a week earlier, while the bourse’s turnover fell to AED 1.47 billion, compared to AED 1.697 billion last week.
