DFM up on real estate stocks at open

Dubai-Mubasher: Dubai Financial Market (DFM) saw an upward trend in Tuesday, spurred by the real estate and investment stocks.

The DFMGI rose 0.46% or 16.34 points to reach 3,541.8 points by 11:00am UAE time.

The UAE markets are expected to maintain their positive performance on Tuesday, amid speculative trades on selective stocks, analysts earlier told Mubasher.

The real estate sector went up 1% after Emaar Properties, and Drake and Scull International (DSI) grew 1.8% and 1.7% in a row.

The investment sector increased 0.6% as DFM Company levelled up 0.65%.

The transportation sector moved up 0.6% helped by Air Arabia which added 0.8%.

The market saw trading of 447.18 million shares through 4,114 transactions, with turnover of AED 415.39 million. 

Mubasher Contribution Time: 19-Apr-2016 08:51 (GMT)
Mubasher Last Update Time: 19-Apr-2016 09:14 (GMT)