Dubai – Mubasher: The Dubai Financial Market (DFM) edged up 2.38 points, or 0.09%, to 2,778.76 points by the end of Thursday’s trading activities, encouraged by selective buying deals on some blue-chip stocks, topped by Damac Properties and Dubai Islamic Bank (DIB).
The DFM’s trading volume reached 78.038 million shares exchanged at a turnover of AED 91.97 million through 1,457 transactions.
Gulf Navigation Holding’s stock led gainers rising 1.84% to AED 1.11, followed by the National Central Cooling Company’s (Tabreed) stock with 1.83%, closing at AED 1.67.
Amanat Holdings’ stock added 1.80% to AED 1.13, while Emaar Malls’ stock jumped 1.58% to finish at EAD 1.93.
The stocks of Damac Properties, Dubai Islamic Bank (DIB), and Emaar Development went up 1.46% to AED 2.08, 0.76% to AED 5.29, and 0.21% to AED 4.81, respectively.
On the flipside, Gulf General Investment Co’s (GGICO) stock led losers with 6.52%, followed by DXB Entertainments with 3.48%, and SHUAA Capital with 1.95%.
Arabtec Holding, Dubai Investments, Union Properties, and Emirates Integrated Telecommunications Company (Du) stock tumbled 1.77%, 1.32%, 0.8%, and 0.79%, respectively.
