Dubai – Mubasher: The main index of Dubai Financial Market (MSM) rose in Thursday’s early trading 0.7% or 23.7 points to the level of 3,523.55 points, backed by the real estate and consumer goods sectors.
Trading volume came to 102.8 million shares which were exchanged through 2,100 transactions worth AED 256.6 million ($69.87 million).
Technical analysts expected the UAE stock markets to continue their positive performance today.
The real estate sector advanced 1.5%, supported by a growth of 1.6% in Emaar.
The consumer goods sector also rose 1.4% as Dubai Parks and Resorts moved 1.46% higher.
On the other hand, a fall of 1.32% in Dubai Islamic Bank hurt the banks sector which declined 0.02%.
The bourse’s main gauge rose yesterday by 0.78%.
Translated by: Elwy el-Manzalawy
