Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index jumped 41.06 points, or 1.50%, to finish at 2,760.70 points on Wednesday, boosted by selective buying on some blue-chip stocks.
The DFM saw trading of 185.68 million shares exchanged through 3,399 transactions at a turnover of AED 285.41 million.
The real estate sector led risers with 2.71% as Arabtec Holding’s stock added 5.8% to AED 2.01, while Emaar Properties’ stock rose 4.08% to finish at AED 5.10.
The insurance sector went up 1.44% after the stocks of Dubai Islamic Insurance and Reinsurance Company (AMAN) and Islamic Arab Insurance Company (Salama) grew 2.91%, and 2.82%, respectively.
The banks sector also levelled up 1.23%, encouraged by the stocks of Mashreq Bank, Dubai Islamic Bank (DIB), and Emirates NBD, which rose 2.86%, 1.54%, and 0.87%, respectively.
The services sector rose 0.48% after Amanat Holdings’ stock increased 0.86% to AED 1.17, while the investment and financial services sector added 0.48% as Dubai Investments’ stock inched up 0.62%, and Dubai Financial Market Company’s (DFM Company) stock gained 0.46%.
