DFM snaps 4-session winning streak Tuesday

Dubai – Mubasher: The Dubai Financial Market (DFM) has maintained its bull-run for a consecutive fourth trading session on Tuesday on the back of selective buying on some blue-chip stocks.

The DFM is expected to carry on the positive performance over the coming sessions in line with the emergence of new market-boosting catalysts.

The general index inched up 0.61 points or 0.02%, finishing the mid-week session at 2,675.39 points.

The transport sector topped the gainers with 1.01% after Air Arabia jumped 2.8% to AED 1.08.

The telecommunication sector edged up 0.79% as du increased by the same percentage.

Likewise, the services and the real estate sectors added 0.51% and 0.18%, respectively.

The insurance sector also levelled up 0.17% as Salama Insurance added 0.5%.

On the other hand, the consumer goods, banks, and investment sectors were the declining sectors.

Trading volume amounted to 176.52 million shares exchanged through 3,869 transactions at a turnover of AED 204 million.

Mubasher Contribution Time: 11-Jun-2019 11:52 (GMT)
Mubasher Last Update Time: 11-Jun-2019 11:55 (GMT)