DFM opens Wednesday’s early trades in green

Dubai – Mubasher: The Dubai Financial Market (DFM) saw a positive performance in Wednesday’s early trades, spurred by the rise of real estate and banks sectors.

The general index gained 0.14% or 5.17 points to reach 3,630.56 points by 10:15am UAE time.

The consumer staples sector was the best performer with a 0.8% rise as DXB Entertainments went up 0.7%.

The real estate sector gained 0.3% after Damac Properties increased 1.6%. The banks sector also levelled up 0.08% after Dubai Islamic Bank (DIB) grew 0.18%.

On the flipside, the transportation sector led losers with a 0.53% decline as Air Arabia declined 0.7%.

The market saw trading of 70.74 million shares through 824 transactions, with a turnover of AED 101.43 million.

Mubasher Contribution Time: 14-Dec-2016 06:46 (GMT)
Mubasher Last Update Time: 14-Dec-2016 06:46 (GMT)