By: Mahmoud Gamal
Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index slipped 0.04 points to finish at 3,306.53 points on Monday.
The investment sector upped 1.2% after the DFM Company increased by 2.8% to AED 1.1, while the consumer staples added 0.57%, as Marka soared 3.8% to AED 0.571.
The transportation sector levelled up 0.45%, as Aramex gained 1.08% to AED 4.7.
The telecommunication sector and its only stock, du, went up 0.2% each.
The DFM saw a growth in liquidity during the last couple of sessions, along with a slight increase in the prices of some stocks, Al-Sharhan Centre’s general manager Gamal Agag told Mubasher.
The DFM’s trading volume surged to 269.88 million shares from 142.03 million on Sunday, while the market’s liquidity soared to AED 398.97 million, compared to AED 184.2 million in the previous session.
The DFMGI stabilised due to the mixed performance of the listed stocks, Agag added.
As for GFH Group’s stock significant growth on Monday, the analyst commented that nobody can deny that the stock has a wide range of interested investors, which reflects their confidence in the management of the Kuwait-, Bahrain-, and Dubai-listed group.
Translated by: Muhammad Khalid
