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DFM up on Thursday; market cap reaches AED 377.33bn

DFM up on Thursday; market cap reaches AED 377.33bn
DFMGI closed the week at 2,733.72 points

Dubai – Mubasher: The benchmark index of Dubai Financial Market (DFM) inched up by 0.14% or 3.80 points to 2,733.72 points by the end of Thursday’s trading session, recovering some of its losses on Wednesday.

A total of 133.29 million shares were traded through 2,424 transactions at a value of AED 298.18 million.

The market cap value increased by AED 420 million to AED 377.33 billion from AED 376.91 billion during the previous session.

As for the sectors’ performance, the services index topped the risers with a 0.46% increase, and the real estate segment led the decliners and fell by 0.40%, while the consumer staples remained unchanged.

Khaleeji Commercial Bank headed 15 winners with 11.52%, while Shuaa Capital came on top of 13 losers with 2.88%. 

Arabtec Holding led the rising blue chips and gained 2.03%.

Emaar Properties, down 0.26%, recorded the highest trading volume of 22.28 million shares, while Dubai Islamic Bank (DIB) posted the highest turnover of AED 100.81 million.