DFM’s market cap adds AED 1.2bn at Tuesday’s close

Dubai – Mubasher: The Dubai Financial Market (DFM) ended Tuesday’s trading session with positive performance, pushed up by announcing the financial results of 2018, especially the banks sector.

The general index went up 13.64 points, or 0.54%, ending the mid-week session at 2,542.82 points.

The DFM’s turnover stood at AED 175.95 million on Tuesday, compared to AED 222.62 million on Monday, while the trading volume grew to 128.23 million shares, against 106.29 million shares the session before.

Market capitalisation added AED 1.2 billion, registering AED 339.71 billion by the end of the session.

The banks sector topped gainers with 1.33% as the heavyweight Emirates NBD and Commercial Bank of Dubai (CBD) went up 2.08% and 0.82%, respectively.

Similarly, the consumer staples sector rose 0.63% after National Central Cooling Company (Tabreed) added 1.76%, while the transportation sector inched up 0.26% as Air Arabia advanced 1%.

On the negative side, the real estate sector headed decliners with 0.23% due to Union Properties’ 1.25% drop.

Mubasher Contribution Time: 05-Feb-2019 12:25 (GMT)
Mubasher Last Update Time: 05-Feb-2019 12:28 (GMT)