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DFM closes Tuesday up; ADX ends session lower

DFM closes Tuesday up; ADX ends session lower
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UAE – Mubasher: The main index of Dubai Financial Market (DFM) ended Tuesday’s trading session higher by 25.34 points (0.69%) at 3,677.98 points.

DFM's turnover reached AED 794.83 million through the exchange of 336.17 million shares.

Takaful Emarat – Insurance advanced the gainers with 11.58%, while Orascom Construction headed the decliners with 9.88%.

Dubai Electricity and Water Authority (DEWA) was the most active stock in terms of trading volume and value with 63.29 million shares exchanged at AED 167.37 million.

On the other hand, the benchmark index of the Abu Dhabi Securities Exchange (ADX) went down by 0.20% to 9,356.98 points.

A total of 189.95 million shares were exchanged at an amount of AED 965.09 million, while the market cap value stood at AED 2.66 trillion.

International Holding Company (IHC) generated the highest turnover of AED 234.76 million, while Emirates Steel Arkan dominated the trading volume with 18.59 million shares.

Foodco National Foodstuff (FNF) led the risers with 14.38%, whereas Union Insurance Company topped the fallers with 10%.