Dubai-Mubasher: Dubai Financial Market (DFM) continued its gains for the second session in row, mainly spurred by Emaar Properties, in addition to Dubai Islamic Bank and Dubai Investments.
UAE markets need to maintain an upward trend in the coming sessions to exit the fluctuation zone and regain investors’ confidence, analysts earlier told Mubasher.
Trading volume declined to 370.88 million shares on Tuesday, compared to 460.09 million shares on Monday. Meanwhile, turnover fell to AED 442.651 million ($120.521 million) from AED 501 million ($136.408 million).
The investment sector topped gainers after adding 2.68%, backed by Gulf General Investment Co. and DFM Company which increased 5.71% and 2.75%, respectively.
The banks sector advanced 0.61% as Dubai Islamic Bank added 1.86%.
The real estate sector increased 0.17% due to a rise in Emaar Properties by 0.80%.
On the flipside, the telecom sector declined 2% as du retreated 2%.
