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DFM closes higher on Thursday

Media IN Dubai  25th-07-2019

The Dubai Financial Market (DFM) closed the week ended Thursday, 25 July, on a positive note, marking fourth consecutive weekly gain.

By the end of this week, the DFM’s general index rose by 3.17% to 2,850.69 points, gaining 87.71 points.

Trading volume amounted to 901.465 million shares this week, versus 824.067 million shares last week.

Market capitalisation closed the week at AED 369.562 billion, gaining AED 7.993 billion.

The banks, the consumer goods, the investments, and the real estate sectors levelled up 1.07%, 4.83%, 3.6%, and 6.2%, respectively.

The real estate stocks, topped by Emaar Properties which jumped 5.7%, have pushed up the stock market this week.

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