Dubai – Mubasher: The Dubai Financial Market General Index (DFMGI) grew at the end of the week, pushed up by blue chips.
The DFMGI added 0.34% or 69.17 points to close at 3,672.77 points, its highest weekly level since 4 August.
The investment sector topped the market, increasing 1.7% after Dubai Investments jumped 2.03% to AED 2.51 and the DFM Company added 0.8% to AED 1.18.
The real estate sector levelled up 1.3% after Drake and Scull International (DSI) soared 7.5%.
The transportation sector gained 0.5% and Air Arabia increased by 1.65% in line with the positive expectations concerning the company’s financial results.
Over the week, the DFM’s trading volume reached 2.11 billion shares, compared to 1.54 billion shares in the week ended 12 October, while the market’s liquidity hit AED 2.54 billion, the highest level since 24 February, versus AED 2.12 billion last week.
