DFM up on real estate, transport early Tuesday

Dubai – Mubasher: The Dubai Financial Market (DFM) opened Tuesday in the green, backed by seven sectors, led by real estate, consumer staples and transport.

The DFMGI gained 0.82% or 27.51 points, reaching 3,386.06 points by 10:20am UAE time, in line with analysts' expectations.

The real estate sector led risers, adding 1.33%, after Emaar Properties grew 1.02%. The consumer staples sector rose 1.32% on the back of DXB, which was up 2.03%.

Moreover, the transport sector increased 1.3%, backed by Aramex’s 3.9% surge, followed by investment with 0.9%, on the back of SHUAA Capital’s 3.6% gain.

Turnover reached AED 66.62 million after 75.48 million shares were exchanged through 790 transactions.

Mubasher Contribution Time: 11-Oct-2016 06:47 (GMT)
Mubasher Last Update Time: 11-Oct-2016 06:47 (GMT)