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DFM maintains positive performance for second day in row

DFM maintains positive performance for second day in row
The market cap value registered AED 271.42 billion

Dubai – Mubasher: The benchmark index of the Dubai Financial Market (DFM) increased by 2.85% or 50.41 points to 1,819.24 points by the end of Thursday’s trading session, keeping its upward performance for the second consecutive session.

A total of 529.33 million shares were traded through 6,169 transactions at a total value of AED 380.20 million.

The market cap value registered AED 271.42 billion, up by AED 4.43 billion from AED 266.99 billion during the previous session.

Meanwhile, the real estate sector headed the risers with 9.17%, followed by the consumer staples with 7.45%.

Union Properties came on top of 21 rising stocks with 14.59%, while Amanat Holdings led 10 declining stocks with 4.94%.

Union Properties recorded the highest trading volume of 205.24 million shares, while Dubai Islamic Bank (DIB) posted the highest turnover of AED 71.81 million.

Emaar Properties topped the rising blue chips as it surged by 12.06%.