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DFM regains upward performance on Tuesday

DFM regains upward performance on Tuesday
Union Properties registered the highest trading volume

Dubai – Mubasher: The benchmark index of Dubai Financial Market (DFM) went up by 0.14% or 3.97 points to 2,854.92 points by the end of Tuesday’s trading session, recovering from its downward performance on Monday, 20 January.

A total of 73.45 million shares were exchanged through 1,566 transactions at a value of AED 111.33 million.

The market cap value increased by around AED 480,000 to AED 384.50 billion from AED 384.0 billion in the previous session.

Meanwhile, the consumer staples sector was the top gainer with 1.49%, followed by the services with 0.80%, the banks with 0.23%, and the investment and financial services with 0.14%, while the real estate segment was the only decliner with 0.18%.

The National Central Cooling Company (Tabreed) led eight risers with 2%, while Al Salam Bank – Sudan topped 16 fallers with 4.83%.

Union Properties registered the highest trading volume of 23.66 million shares, while Emaar Properties recorded the highest turnover of AED 42.04 million.

As for the rising blue chips, DXB Entertainments, Emirates NBD, and Dubai Islamic Bank (DIB) increased by 1.58%, 0.36%, and 0.17%, respectively.

Arabtec Holding topped the list of the losing blue chips with 0.82%, followed by Emaar Properties with 0.24% and Damac Properties with 0.14%.