DFM opens higher on DIB

Dubai-Mubasher: The Dubai Financial Market (DFM) saw a positive performance in Thursday’s early trades amid a rise in Dubai Islamic Bank (DIB).

The DFMGI gained 0.2% or 6.07 points to reach 3,277.45 points by 10:35am UAE time.

The consumer staples sector led risers after adding 0.7%, backed by the growth of Dubai Parks and Resorts.

The real estate sector advanced 0.29% as Drake and Scull International (DSI) and Union Properties opened higher.

The banks sector also went up 0.2% due to an increase in Dubai Islamic Bank (DIB).

The market saw trading of 13.25 million shares through 258 transactions, with a turnover of AED 16.07 million.

Mubasher Contribution Time: 30-Jun-2016 07:29 (GMT)
Mubasher Last Update Time: 30-Jun-2016 07:43 (GMT)