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DFMGI gains 8 pts on cherry-picking deals Thursday

DFMGI gains 8 pts on cherry-picking deals Thursday
The banks sector rose 0.23%

Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index grew 7.79 points, or 0.26%, to 2,954.46 points on Thursday on the back of selective purchases.

The consumer staples sector jumped 3.12% after DXB Entertainments surged 3.42% to AED 0.424, while the investment sector added 0.74%, as DFM Company gained 1.89%. 

The banks sector rose 0.23% after Dubai Islamic Bank (DIB) went up 0.42% to AED 4.78.

On the other hand, the telecommunication sector and its only stock, du, declined 0.21% each.

The DFM’s trading volume reached 320.45 million shares, while the market’s liquidity hit AED 248.65 million.