Dubai – Mubasher: The Dubai Financial Market (DFM) saw a positive performance on Thursday as the banks sector closed higher.
The main index rose 0.21% or 7 points to reach 3,298.43 points.
The banks sector went up 0.64% as Mashreq Bank, Dubai Islamic Bank (DIB) and Emirates NBD gained 6.2%, 0.4% and 0.25% respectively.
The investment sector advanced 0.58% after Al Ramz Corporation Investment and Development added 15%.
The transportation sector increased 0.55% as Gulf Navigation Holding levelled up 7%.
On the flipside, the consumer staples sector was the worst performer with a 0.63% decline, weighed down by DXB Entertainments which slid 0.64%.
The insurance sector fell 0.4% after Takaful Al Emarat retreated 2.14%. The real estate sector lost 0.01% as Emaar Malls Group tumbled 0.8%.
The market saw trading of 258.87 million shares through 3,024 transactions, with a turnover of AED 312.56 million ($85.1 million).
GFH Financial Group was the most active stock after generating AED 108.46 million from the exchange of 84.49 million shares.
