DFM main index closes Wednesday higher

By: Mahmoud Gamal

Dubai – Mubasher: The benchmark index of the Dubai Financial Market (DFM) closed Wednesday’s session 0.06% or 2.08 points higher at 3,417.34 points.

The transportation sector topped gainers with 1.8%, backed by Aramex which rose 2.5%.

Meanwhile, the banks segment led decliners with 0.24%, dragged by Dubai Islamic Bank which lost 0.36%.

The market’s trading value decreased to AED 425.89 million on Wednesday from AED 485.25 million, after the trading volume increased to 293.5 million shares from 272.49 million.

The coming sessions at the DFM are expected to witness fluctuations due to a lack of sentiments; however, the state of stability will be regained once the main index breaks the 3,420-point level, capital market analyst Nawaf Al Ajmi told Mubasher.

 

MUBASHER Contribution Time: 05-Jul-2017 11:34 (GMT)
MUBASHER Last Update Time: 05-Jul-2017 11:38 (GMT)