Dubai Financial Market Index keeps green

Dubai, Aug. 5 / WAM / The Dubai Financial Market (DFM) continued to close the green square despite the slowdown in the general index during the session today compared to the previous two days, according to the follow-up on the market movement.

And the market value of shares of traded companies gained about 500 million dirhams, which raised its total gains during two sessions to two billion dirhams.

The general index of the market rose to the level of 2079 points, an increase of 0.02%, compared to the gains made in the previous day.

Transactions show that more shares are entering the list of gainers amid continued liquidity volumes at generally good levels on the one hand and some natural profit taking operations occurring on some stocks that have increased significantly in the past days.

The Emirates NBD share continued to provide support to the market after rising to the level of 9.20 dirhams, boosting its gains for the third day in a row as well, Emaar Properties shares rose to 2.63 dirhams, and the positive performance of the share was reflected on the rest of the group’s shares, including Emaar Development, which rose to 2.12 dirhams And Emaar Malls shares 1.34 dirhams.

At the level of the volume of liquidity circulated, today’s session witnessed the conclusion of deals worth approximately 310 million dirhams, while the number of shares traded reached 530 million shares executed through 4797 transactions.