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DFM rises on Emaar, DIB Thursday

DFM rises on Emaar, DIB Thursday
Turnover amounted to AED 591.73 million on Thursday (Photo Credit: Arabianeye-Reuters)

Dubai – Mubasher: The Dubai Financial Market (DFM) saw a positive performance on Thursday, backed by selective purchases and the build-up of new positions.

The general index rose 1.22% or 42.52 points to reach 3,521.33 points.

The industrial sector added 3.34% as National Cement Co advanced 3.3%.

The real estate sector climbed 2.5% after Drake and Scull International (DSI), Emaar Properties, and Deyaar Development increased 6.5%, 2.7%, and 1.04%, respectively.

The investment sector grew 1.4% after DFM Company and Dubai Investments levelled up 3.9% and 0.8%, respectively.

The banks sector gained 0.14% as Dubai Islamic Bank (DIB) went up 1.46%.

Turnover amounted to AED 591.73 million on Thursday, compared to AED 665.73 million on Wednesday. Trading volume reached 236.21 million shares, compared to 441.48 million shares.