By: Mahmoud Gamal
Mubasher: The benchmark index of Dubai Financial Market (DFM) gained 2.47% or 85.92 points to close at 3,566.35 points by the week ended 6 April as compared to the previous week.
The industrial sector topped the gainers with 16.7%, in line with National Cement Co which rose by the same percentage.
During this week, the DFM’s trading value increased to AED 1.5 billion from AED 1.33 billion as the trading volume grew 1.26 billion shares from 917.48 million.
The market’s performance was endorsed by news about new mergers, technical analyst Jamal Saad said.
DFM’s shares are expected to continue the upward trend through a temporary correction movement, capital market analyst Amin Al-Hennawy said.
