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DFM up on Thursday amid higher market cap

DFM up on Thursday amid higher market cap
The market cap value increased by around AED 1.82bn

Dubai – Mubasher: The benchmark of Dubai Financial Market (DFM) went up by 0.35% or 9.46 points to 2,737.51 points by the end of Thursday’s trading session, unlike its downward performance on Wednesday, 19 February.

A total of 95.43 million shares were traded through 1,979 transactions at a value of AED 180.90 million.

The market cap value increased by around AED 1.82 billion to AED 377.43 billion from AED 375.61 during the previous session.

As for the sectors, the consumer staples topped the risers with 1%, while the services segment led the decliners with 0.47%.

Meanwhile, Khaleeji Commercial Bank came on top of 17 winners with 14.83%, while Shuaa Capital headed the losers with 3.13%.

Union Properties was the most active stock with 18.49 million traded shares, while Emirates NBD recorded the highest turnover of AED 64.88 million.

Arabtec Holding led the rising blue chips with 3.36%, while Dubai Islamic Bank (DIB) headed the losing blue chips with 0.53%.