Dubai Financial Market  gains AED 214million on Monday

Media IN Abu Dhabi 15th-07-2019

Selective buying on some of the blue-chip stocks have boosted the Dubai Financial Market (DFM) on Monday. The DFM’s general index closed the session up 0.40% at 2,715.70 points.

Trading volume amounted to 205.549 million shares exchanged through 2,853 transactions at a turnover of AED 213.946 million. The bourse’s market capitalisation gained AED 214 million and closed the session at 356.026 billion.

The investment and financial services sector led winners with 2.26%, followed by the real estate and the banks sectors that added 0.73% and 0.15%, respectively. The services sector was the sole decliner with a 0.16% decrease, while the consumer goods sector remained stable.

At the level of stocks, Dubai Investments topped gainers with 3.10%, closing the session at AED 1.33, while Commercial Bank of Dubai (CBD) led the red list with 3.60% at AED 5.30.

Dubai Islamic Bank (DIB) was the most active stock in terms of liquidity with a turnover of AED 33.834 million, while Union Properties was the most active stock in terms of trading volume with 16.247 million traded shares.