Selective buying boosts DFM Thursday

Dubai — Mubasher: The Dubai Financial Market’s (DFM) general index added 0.22% to 2,526.02 points on Thursday, pushed up by selective buying on some blue-chip stocks.

The consumer staples sector topped gainers rising 4.4% after DXB Entertainments grew 5.15% to close at AED 0.245.

The insurance sector added 3.7%, boosted by the 13.35% surge of Dubai Islamic Insurance and Reinsurance Company (Aman), while Dar Al Takaful jumped 9.4% to AED 0.486.

The investment sector levelled up 2.86% after Dubai Investments and DFM Company rose 3.2% and 1.9%, respectively.

The transportation sector went up 0.43%, while the real estate sector hiked 0.03% as Damac Properties and Arabtec Holding added 2% to AED 1.53 and 1.82% to AED 1.95, respectively.

By the end of the last session of this week, the DFM’s trading volume reached 143.34 million shares, while the market’s liquidity amounted to AED 128.43 million.

Mubasher Contribution Time: 03-Jan-2019 10:53 (GMT)
Mubasher Last Update Time: 03-Jan-2019 10:53 (GMT)