Dubai-Mubasher: Dubai Financial Market (DFM) reversed the negative performance it maintained for eight sessions in row on Wednesday due to the rise of the banks sector led by Dubai Islamic Bank (DIB) and National Bank of Abu Dhabi (NBAD).
The DFMGI rose 0.03% or 0.87 points to reach 2,921.7 points.
Turnover grew to AED 495.63 million ($135 million) on Wednesday, compared to AED 487.14 million on Tuesday. Trading volume increased to 417.84 million shares from 349.18 million shares.
The investment sector advanced 0.88%, followed by the telecom and banks sectors at 0.2% and 0.01% in a row.
Emirates NBD and DIB levelled up 1.45% and 0.18% in a row, while Dubai Investments increased 1.06%. On the flipside, Arabtec Holding and Emaar Properties decreased 0.78% and 0.41%, respectively.
