Dubai-Mubasher: Dubai Financial Market (DFM) was relatively stable in Wednesday’s early trades, following the marginal gains of Emaar Properties and du, also backed by investment stocks.
The general index gained 0.01% or 0.36 points to reach 3,189.37 points by 10:30am UAE time.
UAE markets are likely to continue to hold till the end of this week amid trading on some blue-chip stocks, analysts earlier told Mubasher.
The insurance sector topped losers after falling 1.09% due to a decline in Islamic Arab Insurance and Takaful Al Emarat Insurance by 1.24% and 0.67%, respectively.
The investment sector also levelled down 0.92% as Dubai Investments and DFM Company retreated 0.97% and 0.89% in a row.
On the flipside, the telecom sector added 0.2% powered by du that rose to AED 4.91.
The real estate sector advanced 0.13% after Emaar increased 0.34%, while Arabtec Holding remained unchanged.
The banks sector inched up 0.03% due to a rise in Amlak by 0.7%.
The market saw trading of 71.4 million shares through 370 transactions, with turnover of AED 56.7 million.
