The Dubai Financial Market (DFM) ended Tuesday on a positive note, rising by 1.47% or 64.47 pts to 4441.88 pts.

Turnover was seen at AED 750.73 million as 348.83 million shares were traded through 6440 transactions.

A total of 30 companies traded, of which 19 were in the green and 11 were in the red.

Most sectors ended the session in the green, with the exception of the telecom sector which shed 1.49%, as the Emirates Integrated Telecommunications Company (du) dropped by the same percentage. The investment sector led gainers, adding 2.15%, followed by the banking sector with 1.77%.

National General Insurance Co. (NGI) led gainers, surging by 10.80%, followed by Dubai Islamic Bank (DIB) and Dubai Investments (DI), which added 3.57% and 2.71%. Meanwhile, Al Salam Group Holding led losers, dropping 9.09%.

Commenting on the DFM’s performance today, capital market expert Wadah Taha said that there is an obvious state of fluctuation in the markets throughout Tuesday’s trading session, highlighting investors’ state of fear and uncertainty.

UAE markets succeeded in closing the green, despite low liquidity, which signifies that we cannot state that this is the end of the wave of declines that has hit the local markets, he added. Regarding his expectations for Emirates NBD and its effect on the market, Taha said that the Bank is one of the UAE’s leading banks and is a heavy-weighted stock on the DFM; therefore, the market is anticipating its financials.

Taha also said he expects the Emirates NBD, which added 0.33% on Tuesday, to post financials reaching AED one billion during the third quarter of 2014. The Bank seeks to exit several affiliated firms, which are not directly linked to the banking sector, he noted, highlighting that this may help the Bank achieve strong profits.

The real estate sector ended the session at a1.4% rise, bolstered by gains from Emaar Properties and Arabtec Holding, which added 1.5% and 1.05%, respectively, added to positive performance by Emaar Malls, Union Properties and Deyaar.