Dubai-Mubasher: Dubai Financial Market (DFM) saw an upward trend in Wednesday’s early trades, backed by investment and real estate blue chips.
The general index gained 0.7% or 24.12 points to 3,497.57 points by 10:30am UAE time.
The investment sector rose 2.6% as DFM Company and Dubai Investments levelled up 4.14% and 2.5% in a row.
The real estate sector was 1.3% higher after Emaar Properties and Arabtec Holding advanced 1.14%.
The consumer staples sector went up 0.7% due to an increase in Dubai Parks and Resorts by 0.7%.
The UAE markets are expected to technically maintain their bullish performance on Wednesday, amid healthier oil and global markets, analysts earlier told Mubasher.
The market saw trading of 193.24 million shares through 2,100 transactions, with turnover of AED 265.6 million.
