DFM sees timid growth Sunday

Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index edged up 3.95 points, or 0.13%, to close at 2,977.89 points on Sunday, pushed up by purchases of blue chips, amid investors’ anticipation of some important listed companies’ disclosures.

The transportation sector added 1.7%, as Air Arabia gained 1.9% to AED 1.07, while the consumer staples sector went up 0.5% after DXB Entertainments rose 0.6% to AED 0.337.

The real estate sector increased by 0.31%, as Drake and Scull International (DSI) grew 1.42% to AED 0.645 and Emaar Properties levelled up 0.75% to AED 5.37.

On the other hand, the investment sector declined 0.24% after Shuaa Capital tumbled 3.7% to AED 1.02, whereas the banks sector inched down 0.08% after Dubai Islamic Bank (DIB) decreased 0.2%.

The telecommunication sector and its only stock, du, sank 0.2% each.

The DFM’s trading volume reached 31.46 million shares, while the market’s liquidity amounted to AED 43.3 million.

Mubasher Contribution Time: 05-Aug-2018 11:10 (GMT)
Mubasher Last Update Time: 05-Aug-2018 11:23 (GMT)