DFM rises on banks, real estate at open

Dubai-Mubasher: Dubai Financial Market (DFM) saw a positive performance in Tuesday’s early trades, backed by the banks and real estate sectors.

The DFMGI rose 0.69% or 20 points to reach 2,936 points by 10:35 am UAE time.

The market saw trading of 66.1 million shares through 1,006 transactions, with turnover of AED 70.25 million.

The consumer staples sector topped risers after adding 1.63% as Dubai Parks and Resorts gained 1.85%.

The transportation sector levelled up 0.99% as Gulf Navigation Holding advanced 6.3%.

The real estate sector increased 0.96% due to a rise in Damac Properties and Emaar Properties by 1.9% and 1.15%, respectively.

The services sector went up 0.78% as Amanat Holdings grew 1.06%.

The banks sector added 0.24% after Amlak Finance rose 1.7%.

The insurance sector inched up 0.10%, while the telecom sector fell 0.40%.

Mubasher Contribution Time: 15-Dec-2015 06:53 (GMT)