Dubai – Mubasher: The Dubai Financial Markets (DFM) has closed Wednesday’s trading session on a positive note, backed by Emaar Properties’ stock.

The DFM’s general index inched up 1.85 points, or 0.07%, finishing the session at 2,790.84 points.

Emaar Properties’ stock edged up 0.2% to AED 5.12 after its Egyptian unit Emaar Misr denied recently reported claims that the company would not be able to register the sold residential units in Marassi on the North Coast.

Trading volume amounted to 78.354 million shares that were exchanged at a turnover of AED 141.055 million through 1,573 transactions.

The exchange’s market capitalisation gained AED 331 million and closed the session at AED 364.317 billion.

The real estate and the banks sectors added by 0.68% and 0.05%, respectively, while the investment and financial services and the consumer staples sectors slipped 0.60% and 0.37%, respectively.

Dubai Islamic Bank (DIB) was the most heavily traded stock with a turnover of AED 41.746 million, while GFH group’s stock, listed on the DFM, Boursa Kuwait, and the Bahrain Bourse, was the most active stock with a trading volume of 11.538 million shares.