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DFM ends Thursday higher for 2nd straight session

DFM ends Thursday higher for 2nd straight session
The services sector went up 1.07%

Dubai – Mubasher: The Dubai Financial Market (DFM) finished Thursday with a positive performance for the second session in a row after its benchmark index levelled up 16.23 points, or 0.59%, to 2,757.73 points.

The DFM’s traded volume stood at 157.13 million shares, down from 216.27 million on Wednesday, while trading value decreased to AED 159 million, from AED 206.14 million.

The services sector went up 1.07% as National Central Cooling Co.’s “Tabreed” stock increased 2.44%, while the banks sector levelled up 0.80% after the stocks of Khaleeji Commercial Bank (KHCB), Ithmaar Bank, and Dubai Islamic Bank (DIB) rose 3.86%, 2.53%, and 1.74%, respectively.

The real estate sector inched up 0.80% as Damac Properties’ stock gained 3.59%, followed by Emaar Malls with 1.10%, Drake and Scull International (DSI) with 0.98%, Emaar Development with 0.57%, Emaar Properties with 0.30%, and Union Properties with 0.18%.