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DFM ends Wednesday up; market cap gains AED 2.26bn

DFM ends Wednesday up; market cap gains AED 2.26bn
The banks segment led the gainers

Dubai – Mubasher: The benchmark index of the Dubai Financial Market (DFM) rose by 0.86% or 18.08 points to close Wednesday's trading session at 2,115.31 points, maintaining its upward performance on Tuesday, 11 August.

A total of 187.77 million shares were traded through 3,215 transactions valued at AED 173.79 million.

The market cap value increased by around AED 2.26 billion to AED 299.09 billion, compared to AED 296.83 billion during the previous session.

The banks segment led the gainers with 1.61%, while the consumer staples sector remained unchanged.

Ajman Bank headed the rising stocks with 3.27%, while Arabtec Holding came on top of the losing stocks with 1.83%.

Union Properties posted the highest trading volume of 60.47 million shares, while Emirates NBD recorded the highest turnover of AED 25.19 million.

Dubai Islamic Bank (DIB) topped the rising blue chips with 0.79%.