By: Mahmoud Gamal
Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index added 28.6 points, or 0.97%, to close at 2,975.75 points on Tuesday, pushed up by blue chips, especially Emirates NBD and Arabtec Holding.
The DFMGI rose today on selective purchases caused mainly by the UAE government latest decree, which upped the foreign shareholding limit to 100%, Mubasher’s senior sales trader Mohab Maher commented.
The consumer staples sector surged 5.04% after DXB Entertainments jumped 5.6% to AED 0.399, while the banks sector added 2.13%, as Emirates NBD soared 8.4% to AED 10.7.
The investment sector grew 0.6%, as Dubai Investments increased by 0.98% to AED 2.05.
The real estate sector gained 0.16% after Arabtec Holding surged 3% to AED 2.06.
The DFM’s trading volume reached 243.61 million shares, while the market’s liquidity hit AED 303.63 million.
Translated by: Muhammad Khalid
