Dubai-Mubasher: Dubai Financial Market (DFM) hit the highest rate in August, rising for the fourth session in row amid the growth of leading stocks.
The DFMGI advanced 2.92% or 87.2 points to reach 3,073 points at close.
Turnover reached AED 439.73 million ($119.72 million) on Thursday, compared to AED 384.3 million ($104.63 million) on Wednesday.Trading volume stood at 386 million shares, compared to 284.85 million shares.
The real estate sector rose 4.34%, backed by Arabtec Holding and Emaar Properties which levelled up 9.4% and 3.8%, respectively.
The investment sector went up 2.82% after Dubai Investments and DFM Company increased 3.14% and 2.66% in a row.
The banks sector grew 2.56% as Dubai Islamic Bank and Emirates NBD gained 4.64% and 2.86%, respectively.
The telecom sector inched up 1% due to a rise in du to AED 5.05.
