Dubai-Mubasher: Dubai Financial Market (DFM) opened in the green on Sunday due to the rise of real estate sector led by Emaar Properties and Arabtec Holding.
The general index rose 0.92% or 28.84 points to reach 3,166.16 points by 10:30am UAE time.
The market saw trading of 92.46 million shares through 1,070 transactions, with turnover of AED 79.3 million.
The UAE markets are expected to hold at their current levels as investors in portfolios and funds would like to improve the annual closures, analysts earlier told Mubasher.
The real estate sector rose 1.98%, backed by Arabtec Holding and Emaar Properties which added 3.2% and 2.46%, respectively.
The investment sector increased 1.15% as Dubai Investments and DFM Company advanced 0.5% and 3.3% in a row.
The banks sector increased 0.09% after Amlak Finance levelled up 2.13, while Dubai Islamic Bank remained unchanged.
On the flipside, the consumer staples sector retreated 0.77%, while the telecom, services and industrial sectors stabilised.
