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DFM rises 1.23% on Sunday

DFM rises 1.23% on Sunday
DXB Entertainments topped 16 gainers with 4.40%

Dubai – Mubasher: The benchmark index of Dubai Financial Market (DFM) increased by 1.23% or 34.81 points to close Sunday’s trading session at 2,863.09 points, keeping its positive performance in the previous session, Thursday, 16 January. A total of 145.95 million shares were exchanged through 2,341 transactions at a value of AED 328.51 million.

The market cap value declined by around AED 3.75 billion to AED 385.45 billion, compared to AED 381.70 billion in the previous session.

The consumer staples sector rose by 4.15%, followed by the investment and financial services with 2.64%, the banks with 1.32%, and the real estate with 1.13%. At the same time, the services segment decreased by 1.32%.

DXB Entertainments topped 16 gainers with 4.40%, while Dubai Islamic Insurance and Reinsurance Company (Aman) led 13 decliners with 5.41%.

Union Properties recorded the highest trading volume of 31.71 million shares, while Emirates NBD reached the highest turnover of AED 166.91 million.

Dubai Investments, Arabtec Holding, Emaar Properties, DAMAC Properties, and Dubai Islamic Bank (DIB) rose by 3.79%, 2.48%, 1.44%, 0.83%, and 0.70%, respectively.