DFM gains AED 5.9bn in market cap at Sunday’s close

Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index closed Sunday’s trading session on a positive note on the back of rising blue chips led by Dubai Islamic Bank which grew by 2.36%.

The general index rose by 2.94% or 54.80 points to 1,914.59 points.

The market cap value gained AED 5.9 billion to AED 281.35 billion on Sunday from AED 275.45 billion in the previous session.

The market’s trading volume reached 338.83 million shares exchanged through 3,821 transactions at a turnover of AED 207.53 million.

The consumer staples sector led the risers with 7.71%, followed by the real estate, investment and financial services, and banks with 3.19%, 2.82%, and 2.65%, respectively.

Meanwhile, the services sector declined by 0.85%.

Gulfa Mineral Water & Processing Industries Co. topped the gainers and advanced by 15%, while Dubai Islamic Insurance and Reinsurance Co (Aman) headed the losers with 3.20%.

Union Properties led DFM in terms of trading volume with 95.39 million shares, while GFH Financial Group registered the highest turnover of AED 38.70 million.

Meanwhile, the blue chips DXB Entertainments and Emirates NBD jumped by 8.33% and 3.73%, respectively.

Mubasher Contribution Time: 19-Apr-2020 11:35 (GMT)
Mubasher Last Update Time: 19-Apr-2020 11:35 (GMT)