Dubai – Mubasher: The Dubai Financial Market (DFM) has closed Wednesday’s trading session in green territory for the third day in a row, backed by selective buying on the real estate stocks.
The DFM’s general index added 6.51 points, or 0.24%, to 2,757.80 points.
Trading volume amounted to 95.642 million shares that were exchanged through 2,139 transactions at a turnover of AED 129.596 million.
Market capitalisation gained AED 656 million and closed today’s session at AED 362.012 billion, compared to AED 361.356 billion at Tuesday’s close.
The consumer staples, the real estate, and the banks sectors levelled up by 0.77%, 0.72%, and 0.03%, respectively.
On the other hand, the services and the investment and financial services sectors shed 2.14% and 0.39%, respectively.
Dubai Islamic Bank (DIB) was the most active stock by value with a turnover of AED 29.896 million, while GFH, listed on the DFM, Boursa Kuwait, and the Bahrain Bourse, was the most active stock by volume after seeing trades of 22.674 million shares.
Blue-chip stocks including Damac Properties, Emaar Properties, and Emirates NBD rose by 3.47% to AED 0.95, 1.01% to AED 5, and 0.44% to AED 11.50, respectively.
Meanwhile, Dubai investments' stock slipped by 0.76% to AED 1.30, and Arabtec went down by 0.63% to AED 1.59.
