Dubai – Mubasher: The Dubai Financial Market (DFM) reversed its negative performance and closed at a rise on Tuesday backed by the banking and investment sectors and following a three-session fall.
The DFMGI added 0.11% or 4.36 points and closed at 4,072.82 points. Turnover reached AED 404.4 million after 365.9 million shares were traded through 4,854 transactions.
The banking sector grew 1% as Emirates NBD and Dubai Islamic Bank (DIB) gained 1.5% and 1.1%, respectively.
The investment sector increased 0.28% as Al Salam Holding and Al Madina for Finance and Investments surged 4.31% and 3.95%, respectively, while Dubai Investments (DI) added 0.36%. The services sector grew 0.12% as Amanat Holdings rose 1.47%.
On the other hand, the industrial sector led fallers, sliding 5.26%, followed by telecom, consumer staples, real estate, insurance and transport sectors, which retreated 0.93%, 0.69%, 0.34%, 0.32% and 0.32%, respectively.
Al Salam Holding led gainers with a rise of 4.31%, while National Cement Co. (NCC) was the top decliner, sliding 5.26%.
