Mubasher TV
Contact Us Advertising   العربية

DFM rises 24 pts in week, hits 5M high

DFM rises 24 pts in week, hits 5M high
Market capitalisation gained AED 2.49 billion

Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index went up 23.75 points, or 0.85%, to 2,813.91 points in a week, marking its highest weekly level since November.

Market capitalisation gained AED 2.49 billion to AED 365.56 billion over the week.

The insurance, transport, and investment sectors rose 10%, 6.66%, and 3.18%, respectively.

Salama Insurance surged 20.41% and Shuaa Capital soared 19.4%, while Gulf Navigation and Air Arabia levelled up 4.5% and 0.99%, respectively.

Meanwhile, Dubai Investments added 6.67% and DFM Company went up 3.12%. The banking sector rose 0.51%, as Dubai Islamic Bank (DIB) gained 1.8%.

Union Properties surged 12.8%, while Deyaar Development and Arabtec Holding levelled up 6.2% and 4.2%, respectively.