Dubai – Mubasher: The Dubai Financial Market (DFM) closed Tuesday in the green, its third rise in a row, backed by du, Emirates NBD and Dubai Investments (DI).

The DFMGI grew 0.23% or 9.44 points and closed at 4,144.8 points, having reduced some of its earlier gains. Turnover leaped to AED 2.346 billion against AED 1.83 billion on Monday, while traded volume reached 1.1 billion shares against 840.25 million.

The main challenge for the DFM is to maintain current levels amid the liquidity fluctuations and absence of actual market catalyst, analysts told Mubasher.

Amlak topped most active stocks, with a turnover of AED 1.29 billion, representing 55% of the DFM’s total turnover, after 480 million shares changed hands through 9,650 transactions. The stock ended the session in the red, falling 3.1% to AED 2.5.

The telecom sector led risers, surging 4.6% as its stock du reached AED 2.250, while the investment sector increased 0.83% as DI and DFM Company gained 1.01% and 0.99%, respectively.

The banking sector added 0.71% as Emirates NBD rose 2.62%, while Dubai Islamic Bank (DIB) saw no change.

On the other hand, the real estate sector retreated 0.71% as Arabtec and Emaar Properties dropped 1.77% and 0.5%, respectively.