Dubai shares see gains at open

Dubai-Mubasher: Dubai Financial Market (DFM) saw an upward trend in Thursday’s early trades, lifted by the real estate and banks sectors.

The DFMGI gained 0.4% or 13.7 points to reach 3,559.52 points by 10:30am UAE time.

The real estate sector advanced 1.2% as Drake and Scull International, and Arabtec Holding grew 2.08% and 1.7%, respectively.

The banks sector went up 0.4%, aided by Dubai Islamic Bank (DIB) which increased 0.82%.

On the flipside, the investment sector fell 2.7% as Dubai Investments and Shuaa Capital declined 4.2% and 0.6% in a row.

The market saw trading of 254 million shares through 2,240 transactions, with turnover of AED 279.9 million. 

Mubasher Contribution Time: 21-Apr-2016 07:27 (GMT)
Mubasher Last Update Time: 21-Apr-2016 08:21 (GMT)