Dubai market rises on real estate sector

Dubai-Mubasher: Dubai Financial Market (DFM) saw a positive performance on Tuesday, spurred by the real estate sector

The DFMGI rose 0.16% or 5.78 points to reach 3,563.25 points.

Turnover reached AED 492.98 million on Tuesday, compared to AED 477.97 million on Monday.

Trading volume stood at 306.01 million shares, compared to 431.74 million shares.

The real estate sector advanced 1.04% as Emaar Malls Group and Emaar Properties levelled up 4.17% and 1.19% in a row.

The transportation sector recovered 0.46% after Gulf Navigation Holding added 5.05%.

The banks sector declined 0.75% due to a decline in Ajman Bank and Emirates NBD by 2.91% and 1.75% in a row.

The telecom sector fell 0.61% as du decreased 0.61%.

Mubasher Contribution Time: 26-Apr-2016 13:18 (GMT)
Mubasher Last Update Time: 26-Apr-2016 13:29 (GMT)