DFM logs biggest weekly gain since August

Dubai – Mubasher: The Dubai Financial Market (DFM) general index recorded weekly gains of 2.51% or 68.82 points as it closed on Thursday at 2805.22 points.

Traded volumes reached 564.81 million shares, with a total turnover of AED 941.06 million.

The real estate sector topped the market, gaining 3.25% after Arabtec and Emaar properties added 9.04% and 5.823%, respectively.

Boosted by the Q3’s earnings, the transportation sector rose 3.47% after Aramex gained 4.8% and Air Arabia increased 3.06%.

The banks sector was up 2.35% after Emirates NBD and Dubai Islamic Bank (DIB) levelled up 2.8% and 2.12%, respectively.

The investment sector also posted strong gains after DFM surged 2.77% and Dubai Investment went up by 2.6%

The insurance rose 1.9% after Takaful and Salama gained 3.52% and 3.4%, respectively.

Mubasher Contribution Time: 01-Nov-2018 17:16 (GMT)
Mubasher Last Update Time: 01-Nov-2018 17:16 (GMT)