Dubai Parks, DIB push DFM to open in green

Dubai-Mubasher: Dubai Financial Market (DFM) saw a positive performance in Sunday’s early trades, backed by the rise of Dubai Parks and Resorts, and Dubai Islamic Bank (DIB), according to analysts.

The DFMGI gained 0.02% or 0.3 points to reach 3,351.32 points by 10:30am UAE time.

The consumer staples sector was the best performer after adding 2.7%, spurred by the rise of Dubai Parks.

The banks sector went up 0.05% as DIB grew 0.2%.

The telecom sector led losers with a 1.3% decline, pressured down by the fall of du.

The real estate sector retreated 0.3% as SHUAA Capital slid 0.7%.

Turnover reached AED 32.35 million after trading 28.75 million shares through 338 transactions.

Mubasher Contribution Time: 29-May-2016 07:11 (GMT)
Mubasher Last Update Time: 29-May-2016 07:11 (GMT)