Dubai-Mubasher: Dubai Financial Market (DFM) saw an upward trend for the second session on Thursday amid the significant rise of liquidity.
The DFMGI rose 3.78% or 104.17 points to reach 2,857.24 points.
The UAE markets are expected to maintain their upward trend on Thursday amid the rising oil prices and the Federal Reserve’s decision to hold interest rates unchanged, analysts earlier told Mubasher.
Turnover rose to AED 690 million ($187.86 million) on Thursday, compared to AED 479.6 million ($130.57 million) on Wednesday. Trading volume increased to 633.74 million shares from 474.3 million shares.