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DFM adds 80 pts in week

DFM adds 80 pts in week
The banking increased by 2.1%

Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index grew by 79.02 points, or 2.87%, to reach 2,828.28 points in a week.

Market capitalisation gained AED 8.21 billion to hit AED 381.71 billion over the week, compared to AED 373.5 billion in the previous week.

The banking increased by 2.1%, while the consumer staple sector surged 5.5%. The investment sector added 3.6% and the real estate sector went up by 1.8%.

Emirates NBD, Shuaa Capital, and DXB Entertainments jumped 6.25%, 6.1%, and 5.8%, respectively. Dubai Islamic Bank rose by 3.2% and Dubai Investments went up by 3.1%.

Emaar Properties increased by 2.7% and Emaar Development tacked on 0.3%.