Dubai – Mubasher: The Dubai Financial Market (DFM) has seen a bullish trend on Sunday, the first trading session of June, following the Eid Al Fitr holiday.
The DFM’s general index closed today’s trading session up 1.17%, or 30.62 points, at 2,650.95 points.
Turnover amounted to AED 188.372 million after 213.231 million shares were exchanged through 2,813 transactions.
The real estate sector rose by 0.74% as Emaar, Arabtec, and Damac added 0.67%, 5.84%, and 9.30%, respectively.
The banks sector gained 1.41%, backed by Ithmaar Holding which rose 6.67%.
Similarly, the investment sector went up 2.26%, and the consumer goods and the insurance sectors grew 4.20% and 8.54%, respectively.
The bourse’s market capitalisation increased to AED 351.437 billion, versus AED 349.025 billion as at the end of May.
The UAE stock markets, particularly the Abu Dhabi Securities Exchange (ADX), have incurred losses of AED 36.66 billion in May amid geopolitical tensions.
The DFM was officially shut for a week starting Sunday, 2 June to Thursday, 6 June in celebration of the Eid Al Fitr.
