DFM opens in green, up 1.7%

Dubai-Mubasher: Dubai Financial Market (DFM) opened in the green on Tuesday, helped by leading stocks in the real estate, banks and investment sectors.

The DFMGI increased 1.7% or 51.2 points to reach 3,055.12 points.

The investment sector topped gainers with a 3.06% rise, followed by the real estate and banks sectors at 2.52% and 0.77%. Meanwhile, the telecom sector declined 0.17%.

Meanwhile, Dubai Investments, Emaar Properties and Dubai Islamic Bank (DIB) advanced 3.6%, 3.1% and 1.9%, respectively.

The market saw trading of 136.67 million shares through 1,800 transactions, with turnover of AED 180.14 million. 

Mubasher Contribution Time: 16-Feb-2016 06:57 (GMT)