Dubai – Mubasher: Gulf Navigation Holding, listed on the Dubai Financial Market (DFM), leapt 4.81% to AED 1.090 on Monday, recording its highest level since March by 12:40 pm UAE time.
In terms of liquidity, Gulf Navigation was the most active stock, acquiring around 27% of the DFM’s total turnover, after it had generated AED 47.20 million through 209 transactions, posting highest gains since July.
In the meantime, the DFM registered AED 181.54 million in turnover after 189.023 million shares were traded through 2,029 transactions.
The transport sector also added 2.15%, backed by Gulf Navigation’s rise.
The DFM’s general index also grew 0.68% to 2,754.07 points.
