DFM opens in green on real estate stocks

Dubai-Mubasher: Dubai Financial Market (DFM) opened at a rise on Wednesday, backed mainly by the real estate stocks of Emaar Properties and Arabtec Holding, in addition to the rise of investment and banks sectors.

The real estate sector rose 1.68% as Emaar and Arabtec grew 2.2% and 1.72% in a row.

The investment sector levelled up 1.3% after DFM Company and Dubai Investments increased 1.89% and 0.65% in a row.

The banks sector inched up 0.03% as Amlak Finance advanced 0.86%.

On the other hand, the telecom and industrial sectors remained unchanged.

Turnover reached AED 103.8 million after trading 107.24 million shares through 15,000 transactions.

Mubasher Contribution Time: 27-Jan-2016 06:46 (GMT)