The Dubai Financial Market (DFM) closed Thursday’s trading session on a positive note, shrugging off the bearish trend it saw yesterday.
The DFM’s general index levelled up 16.84 points, or 0.61%, to 2,761.02 points.
Trading volume amounted to 80.04 million shares that were exchanged at a turnover of AED 87.91 million through 1,754 transactions.
Market capitalisation gained AED 1.48 billion and closed the session at AED 364.16 billion.
The real estate sector increased by 1.52% backed by Emaar Properties that rose by 2.27%, followed by the services sector which added 0.88%.
Similarly, the investment and financial services and the consumer staples sectors went up by 0.58% and 0.41%, respectively.
Meanwhile, the banks sector edged up 0.21% as Dubai Islamic Bank (DIB) and Emirates NBD added 1.60% and 0.39% each.
Amlak was the most active stock by volume with 31.44 million traded shares, while Emaar Properties was the most active stock by value with a turnover of AED 20.51 million.