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DFM ends week near-stable after Emaar Development listing

DFM ends week near-stable after Emaar Development listing
Dubai Islamic Bank gained 0.66%

Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index inched down 0.02% to 3,460.93 points in week amid thin trading after the listing of Emaar Development’s stock.

Heavy-weighted stocks saw selective buying, especially Dubai Investment, which added 1.6% to AED 2.54.

Dubai Islamic Bank gained 0.66% to AED 6.06 during the week, while Aramex surged 4.74% to AED 4.86.

Over the week, the DFM’s trading volume reached 914.16 million shares, compared to 931.96 million shares in the week ended 16 November, while the market’s turnover increased to AED 1.73 billion versus AED 1.66 billion in the previous week.