Dubai – Mubasher: The Dubai Financial Market (DFM) opened Sunday and the week at a slight rise, backed by the investment, real estate and transport sectors, in line with analysts’ expectations.
The DFMGI edged up 0.02% or 0.55 points to reach 3,352.28 points by 10:50 am UAE time. Turnover reached AED 81.66 million after 70.79 million shares were traded through 1,148 transactions.
The investment sector grew 0.35%, backed by SHUAA Capital, while the real estate and property sectors inched up 0.07% and 0.06%, respectively.
Arabtec Holding and Aramex were among the DFM’s gainers, rising 2.01% and 0.52%, respectively.
Earlier on Sunday, analysts told Mubasher that they expected UAE bourses to continue their rise this week on the back of higher liquidity as investors look to increase their positions in several stocks, which have fallen to attractive price levels.
