DFM extends gains at Sunday's close

Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index closed Sunday’s trading session on a rise for the second consecutive session on the back of the rising blue chips in the real estate and banks sectors.

The general index rose by 76.12 points or 4.16% to close at 1,906.14 points.

The market cap value grew by AED 7.6 billion to AED 282.54 billion on Sunday from AED 274.94 billion on Thursday.

A total of 265.05 million shares were traded at a turnover of AED 290.83 million through nearly 4,939 transactions.

The consumer staples sector advanced by 5.09%, followed by the real estate, banks, and investment and financial services sectors with 4.81%, 4.18%, and 1.83%, respectively.

Air Arabia led the gainers after rising by 12.56%, while Gulfa Mineral Water and Processing Industries was among the top losers with 4.60%.

Union Properties led DFM in terms of trading volume with 33.45 million shares, whereas Emaar Properties registered the highest turnover of AED 77.30 million.

Meanwhile, the blue chip DXB Exertainments surged by 5.51%, while Emaar Properties and Damac Properties went up by 5.49% and 5.13%, in that order.

Mubasher Contribution Time: 12-Apr-2020 11:10 (GMT)
Mubasher Last Update Time: 12-Apr-2020 11:10 (GMT)