Dubai – Mubasher: Dubai Financial Market advanced in Monday’s mid-session, backed by investment and bank stocks.
At 12:20pm UAE time, the main index rose by as much as 0.17% or 5.8 points to 4,3439.55 points.
The services sector led the way on gains, with a rise of 0.9% after Amanat stock gained 1.4%.
Similarly, the investment sector added 0.6% powered by Dubai Investments that rose by 0.8%. The banks sector also gained 0.4% as Emirates NBD pulled ahead by 1.15%.
Analysts told Mubasher earlier today that the UAE markets would face key resistance levels amid a need for more liquidity to shoot above them.
