Dubai: Bulls continued to hold firm on Dubai shares on Thursday fuelled by insurance, investment and financial services sectors.
The DFM index closed 1.1.7 per cent up at 2830.92 points.
National General Insurance led the gainers list by 14.63 per cent, followed by International Financial Advisors by 13.27 per cent and GGICO by 8.42 per cent.
Agility suffered the worst by 8.93 per cent followed by DP World by 1.54 per cent and Ajman Bank by 1.02 per cent.
Volumes improved slightly to 412.19 million on Thursday when compared to Wednesday’s 400.18 million while turnover improved significantly to Dh555.12 million compared to Wednesday’s Dh454.61 million.
Of the 32 companies traded, 24 rose, five fell and three remained steady.
Gulf Finance House was the active volume leader while Dubai Investment was the active value leader.
Abu Dhabi
In Abu Dhabi, the ADX index fell by 0.22 per cent to close at 3842.35 points, dragged down by consumer staples and telecommunication sectors.
Among the gainers, Drive led the list by 8.26 per cent followed by Finance House by 8.20 per cent and Abu Dhabi National Hotels by 8.16 per cent.
Among the losers, Gulf Medical Projects Company suffered the worst by 10 per cent, followed by Asmak by five per cent and Invest Bank by 2.1 per cent.
Of the 28 companies traded, nine rose, 12 fell and seven remained steady.
About 106.68 million shares worth Dh226.24 million were traded.
Dana was the active volume leader while Aldar was the active value leader.
On the occasion of Eid Al Adha, the markets will be closed from Sunday and will resume on Sunday (October 20).
