DFM sees gains at open Dubai – Mubasher: The Dubai Financial Market (DFM) witnessed a positive performance in Thursday’s early trades, backed by the rise of five stocks led by the consumer staples and real estate.
The DFMGI rose 0.40% or 13.29 points to reach 3,317.49 points by 10:50am UAE time.
The consumer staples sector was the best performer after adding 1.24% as DXB Entertainments gained 1.3%. Similarly, the real estate sector went up 0.6% after Emaar Properties grew 0.9%.
The banks sector increased 0.5% due to a rise in Dubai Islamic Bank (DIB) by 0.9%. The investment sector also levelled up 0.3% as SHUAA Capital climbed 1.9%.
The market saw trading of 36.69 million shares through 594 transactions, with a turnover of AED 45.52 million.
