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Non-domestic stocks acquire over 50% of DFM turnover

Non-domestic stocks acquire over 50% of DFM turnover
The Dubai Financial Market (Photo credit: Arabianeye - Reuters)
GFH
GFH
-2.68% 1.09 -0.03
AAN
AAN
0.63% 86.00 0.00

Dubai – Mubasher: GFH Financial Group and Hits Telecom Holding’ stocks acquired more than 50% of the Dubai Financial Market (DFM) in Tuesday’s mid trading, with a total turnover of AED 106 million.

By 11:40am UAE time, GFH grew by 0.86% to AED 1.17 as 62.62 million shares were exchanged, while Hits Telecom topped the green list by rising by 6.67% to AED 0.464, with a trading volume of 99.6 million shares exchanged at AED 45.28 million.

The bourse’s main index increased 0.02% or 0.69 point to the level of 3,360.08 points.

Turnover reached AED 214.7 million through exchanging 249.21 million shares.

In the Kuwait Stock Exchange (KSE), GFH grew by 2.15% to 95 fils, with a trading volume of 2.5 million shares exchanged at KWD 231,810.

Hits Telecom also topped risers in KSE with a growth of 7.14% to 37.5 fils.