DFM sees gains at open

Dubai-Mubasher: The Dubai Financial Market (DFM) saw an upward trend in Tuesday’s early trades, spurred by the rise of investment and banks sectors.

The DFMGI gained 0.34% or 11 points to reach 3,226.93 points by 10:15am UAE time.

The investment sector was the best performer after adding 1.2%, backed by SHUAA Capital and Dubai Investments which rose 7% and 1.05%, respectively.

The banks sector advanced 0.8% as Dubai Islamic Bank (DIB) levelled up 0.8%.

On the flipside, the consumer staples sector slid 0.7% due to a decline in Dubai Parks and Resorts.

The real estate sector slipped 0.04% as Emaar Properties retreated 0.5%.

The market saw trading of 736 million shares through 987 transactions, with a turnover of AED 77.5 million. 

Mubasher Contribution Time: 24-May-2016 07:25 (GMT)
Mubasher Last Update Time: 24-May-2016 10:05 (GMT)