Dubai – Mubasher: The Dubai Financial Market (DFM) ended Thursday’s trading session with a positive performance, supported by the growth of blue-chip stocks after the surge of global equity markets.
The general index rose 0.64 points, or 0.03%, ending the last session of the week at 2,469.49 points.
The DFM’s trading volume decreased to 174.74 million shares on Thursday, from 209.78 million shares on Wednesday, while liquidity rose to AED 214.75 million against AED 160.41 million in the previous session.
The transportation sector topped the bourse’s gainers adding 1.34% as Air Arabia rose 3.06%, while the investment sector levelled up 1.2% on the back of the growth of Dubai Investments and DFM Company with 1.63% and 0.40%, respectively.
Similarly, the real estate sector advanced 1.03% as Emaar Properties and Emaar Development rose 2.05% and 0.67%, respectively.
The telecommunication sector and its sole stock DU went up 0.4%, while the insurance sector inched up 0.36% due to Islamic Arab Insurance’s (Salama) 0.95% increase.
On the other hand, the consumer staples sector headed the market’s decliners falling 3.6%, followed by the banks sector with 1.11%.
