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DFM gains AED 1.4bn on Wednesday

DFM gains AED 1.4bn on Wednesday
The DFM’s general index edged up 10.65 points or 0.41%

Dubai – Mubasher: The Dubai Financial Market (DFM) has closed Wednesday’s trading in green territory amid a raft of selective-buying transactions.

The DFM’s general index edged up 10.65 points or 0.41%, finishing the session at 2,639.48 points.

The consumer goods sector led gainers with 3.09% as DXB Entertainments added 3.72%, and the transportation sector increased by 1.22% when Aramex went up 1.42%.

The real estate sector also increased by 0.92% as Union Properties and Emaar Malls grew 4.25% and 3.63%, respectively.

Similarly, the telecommunication edged up 0.59% as du rose by the same percentage and the services sector added 0.51% backed by Tabreed that jumped 2.98%.

The investment and the insurance sectors added 0.44% and 0.4%, respectively.

On the other hand, the banks sector inched up 0.12% as Emirates NBD fell 1.32%.

Trading volume amounted to 140.76 million shares exchanged at a turnover of AED 203.01 million through 4,068 transactions.

Market capitalisation closed the session at AED 351.17 billion after gaining AED 1.39 billion.