Dubai: Dubai’s DFM index closed 1.08 per cent higher at 1572.37 led by telco and real estate companies.
Among the gainers, Takaful-Em rose 7.08 per cent to close at Dh0.605, followed by Deyaar by 5.19 per cent to Dh0.365 and Du by 4.62 per cent to Dh3.40.
Among the losers, NGI fell 9.95 per cent to Dh5.43, followed by Ekttitab by 7.98 per cent to Dh0.865 and Dubai Islamic Bank by 1.04 per cent to Dh1.91.
Emaar Properties advances 2.1 per cent as demand for the stock after its second-quarter earnings more than doubled is sustained. Emaar shares ended at Dh3.42.
Of the 27 companies traded, 14 rose, 8 declined and five remained unchanged.
About 109.95 million shares worth Dh130.38 million were traded yesterday.
DFM index has surged 16.18 per cent so far this year and rose 1.93 per cent for the month.
The Abu Dhabi Securities market (ADX) index rose to the highest in almost four months after Aldar Properties, the emirate’s biggest developer, posted second-quarter earnings that more than tripled.
The index rose 0.81 per cent to close at 2534.72 points.
Of the 28 companies traded, 16 rose, seven declined and five closed unchanged.
About 75.18 million shares worth Dh138.11 million were traded yesterday.
Among the gainers, First Gulf Bank rose 3.72 per cent to close at Dh9.81, followed by Green Crescent Insurance Company by 3.57 per cent to Dh0.28, and Watania by 3.13 per cent to Dh0.99.
Among the losers, National Corp for Tourism and Hotels lost 6.44 per cent to Dh5.52, followed by Qatar Telecom, by 4.72 per cent to Dh101 and Agthia by 2.01 per cent to Dh1.95.
ADX index has surged 5,51 per cent so far this year and rose 1.14 per cent for the month.
