DFM maintains gains in mid-session

Dubai-Mubasher: Dubai Financial Market (DFM) continued its positive performance in Wednesday’s mid-session, backed by the rise of real estate and banks sectors.

The general index rose 0.8% or 25.05 points to reach 3,159.87 points by 12:20pm UAE time.

The investment sector increased 1.5% as Shuaa Capital levelled up 5.7%.

The real estate sector advanced after Arabtec Holding grew 4.8%.

The banks sector went up as Dubai Islamic Bank recovered 0.6%.

On the flipside, the insurance and telecom sectors declined 0.35% and 0.2% in a row.

The market saw trading of 457.75 million shares through 5,420 transactions, with turnover of AED 428.51 million.  

Mubasher Contribution Time: 30-Dec-2015 09:10 (GMT)