By: Mahmoud Gamal

Dubai – Mubasher: The Dubai Financial Market (DFM) ended Wednesday’s trading session in green territory, hitting the highest level in three months, pushed up by the stability of the banks and real estate sectors.

The general index went up 66.23 points, or 2.6%, closing the session at 2,632.08 points.

Stocks’ performance remained stable supported by investors optimism about the positive results of UAE’s banks sector, which have been above expectations, Fadi Al Ghattis, CEO of MindCraft Consultants, told Mubasher.

Al Ghattis expected the market’s stocks to remain active supported by announcing the cash dividends of 2018.

The real estate sector headed risers with 5.39% as Emaar Properties jumped 6.24%, while the insurance sector grew 3.15 as Islamic Arab Insurance Company levelled up 5.9%.

Similarly, the investment sector rose 2.67% on the back of Dubai Investments’ 2.5% increase, while the transportation sector advanced as Aramex and Air Arabia grew 2.17% and 0.75%, respectively.