Selective buying boosts DFM to green close Sunday

Dubai – Mubasher: The Dubai Financial Market (DFM) closed Sunday in the green territory, backed by selective buying on a number of stocks, whose prices have fallen to low levels.

The general index added 0.17% or 4.93 points and closed at 2,885.35 points. Turnover amounted to AED 186.14 million after 158.62 million shares changed hands through 1,950 transactions.

Amanat Holding led risers, adding 4.65% and reaching AED 1.35.

GFH Group’s stock surged 3.5% after the company announced a ruling in its favour along with a $5.14 million compensation added to launching a new project in India.

SHUAA Capital increased 1.9% to AED 1.08, while DXB Entertainment grew 1.5% to AED 0.342.

On the other hand, Gulf Navigation’s stock led fallers on Sunday after sliding 2.65% to AED 0.954, while Emaar Development decreased 1.4% to AED 4.10 and Drake & Scull International (DSI) shed 1.43% and closed at AED 0.621.

Mubasher Contribution Time: 08-Jul-2018 11:02 (GMT)
Mubasher Last Update Time: 08-Jul-2018 11:02 (GMT)