Dubai-Mubasher: Dubai Financial Market (DFM) rebound in Tuesday’s mid-session from it early declines, amid the positive performance of real estate stocks led by Arabtec Holding and Emaar Properties.
The main gauge added 0.21% or 6.43 points to reach 3,090.86 points.
The UAE stock markets are likely to see a positive performance on Tuesday as some investors in portfolios tend to accumulate and speculate in some select stocks, analysts earlier told Mubasher.
The services sector rose 1.06% after Dubai Investments and DFM Company increased 1.26% and 1.2%, respectively.
The telecom sector also advanced 0.77% pushed up by du that grew 0.77% to AED 5.26.
The real estate levelled up 0.7% after Emaar gained 1.26%.
On the other hand, the banks sector declined 0.11% as Emirates NBD retreated 0.89%
The market saw trading of 157 million shares through 2,490 transactions, with turnover of AED 191 million.
