By: Mahmoud Gamal
Dubai – Mubasher: The main index of Dubai Financial Market (DFM) advanced on Thursday by 1.3% or 45.92 points to the level of 3,546.96 points, the third rise in a row.
Analyst Gamal Abdel Hamid told Mubasher that purchases on real estate stocks, especially Emaar Properties, helped the index to continue its upward trend.
Trading volume decreased to 553.73 million shares from 846.62 million shares exchanged on Wednesday. Turnover reached AED 943.89 million.
The consumer goods was the best performing sector with a surge of 4.9% as Dubai Parks and Resorts levelled up 5.11%.
The real estate also increased 3.02% as Emaar rose 5.8%, making the highest liquidity with AED 209.93 million or 22.24% of the total trading value.
The services sector gained 1.74% as Tabreed grew 3.7%.
Translated by: Elwy el-Manzalawy
