DFM opens in red; ADX rises on Etisalat

Dubai-Mubasher: The UAE markets witnessed a volatile trend in Monday’s early trades as Dubai Financial Market (DFM) fell on real estate stocks, while Abu Dhabi Securities Exchange (ADX) managed to hold on Etisalat.

DFM lost 0.47% or 13 points to reach 2,744 points by 10:20am UAE time.

On the flipside, ADX maintained its gains after rising 0.18% or 7 points to reach 3,846.11 points.

The UAE markets are expected to continue their positive performance on Monday amid selective purchase of stocks with attractive price levels, analysts earlier told Mubasher.

Mubasher Contribution Time: 25-Jan-2016 06:32 (GMT)