Media ININ Economy We Trust
Media IN DUBAI 14th-07-2019
The Dubai Financial Market (DFM) closed Sunday’s trading session in green territory on the back of rising blue-chip stocks. The DFM’s general index rose 19.20 points, or 0.71%, finishing the session at 2,704.78 points.
Trading volume amounted to 209.627 million shares exchanged at a turnover of AED 146.326 million through 2,046 transactions. The bourse’s market capitalisation closed the session at AED 355.812 billion.
The consumer goods sector topped winners with 3.41%, followed by the investment and financial services sector that added 1.95%. Similarly, the real estate and the banks sectors levelled up 0.93% and 0.41%, respectively.
Dubai Islamic Bank (DIB) outperformed blue-chip stocks in terms of liquidity with a turnover of AED 28.252 million despite falling by 0.39% to AED 5.10.
Meanwhile, Union Properties was the most heavily traded stock with a traded volume of 24.496 million shares.
