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DFM wins 53.60 pts on Tuesday; market cap gains AED 6.4bn

DFM wins 53.60 pts on Tuesday; market cap gains AED 6.4bn
Turnover recorded AED 152.41 million on Tuesday

Dubai Mubasher: The general index of the Dubai Financial Market (DFM) grew by 1.99% after gaining 53.60 points at Tuesday’s close, settling at 2,746.77 points.

The turnover amounted to AED 152.41 million after 119.53 million shares were exchanged through 2,647 transactions.

The market cap value gained AED 6.41 billion to reach AED 373.29 billion from AED 366.88 billion on Monday.

In the meantime, the services segment topped the winners with 2.37%, followed by the banks and the consumer staples sectors with 2.27% and 1.92%, respectively.

Mashreq Bank came on top of the risers with 13.80%, whereas Gulf Navigation Holding was the top faller with 6.49%.

Emaar Properties showed the highest turnover of AED 34.06 million, while Union Properties led the trading activity through the exchange of 28.52 million shares.

The blue chip stock of Emirates NBD rose by 2.37%, followed by DXB Entertainments with 2.35%.