Dubai – Mubasher: GFH Financial Group roughly saw rise on Dubai Financial Market (DFM) after GFH Capital was given a verdict in favor of GFH capital (GCL) against its former deputy CEO.
By 11:10am Dubai time, GFH stock increased 4.7% to stand at AED 1.14, which is the highest mark since October 2014.
With 48.836 million shares changing hands in 278 transactions, it was the most active stocks in terms of volume, registering a turnover crossing AED 54.45 million.
This steady performance, however, did not have an impact on the banking sector's performance that saw a 0.9% slide by the same time.
Up till this moment, DFM main index lost 15.02 points, or 0.5%, to level at 3340.35 points.
