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DFM gains AED 2.65bn at Tuesday’s close

DFM gains AED 2.65bn at Tuesday’s close
The DFM’s general index rose 26.02 points, or 1.04%, to 2,539.24 points

Dubai – Mubasher: The Dubai Financial Market (DFM) closed Tuesday’s trading session in green territory, backed by blue-chip stocks, mainly the banks sector.

The DFM’s general index rose 26.02 points, or 1.04%, to finish the mid-week session at 2,539.24 points.

The consumer goods went up 3.8% as DXB Entertainments increased by the same percentage.

The real estate sector also rose by 2.6% as Union Properties jumped 5.08% to AED 0.310.

The investment sector levelled up 1.83% after the DFM Company’s stock added 3.66% to AED 0.679, while the industrial sector rose 1.7%.

The bourse’s trading volume amounted to 125.91 million shares exchanged at a turnover of AED 130.77 million through 2,857 transactions.

Emaar Properties, up 2.92% to AED 4.2, was the most active stock in terms of liquidity with a turnover of AED 23.7 million, while Union Properties was the most active stock in terms of trading volume with 36.89 million shares.

Market capitalisation gained around AED 2.65 billion ($721 million) and closed the session at AED 339.21 billion ($92.33 billion).