"Dubai Financial" shares rise to the highest price in 7 years
Today, the Dubai Financial Market witnessed the continuation of the "market" share, for the third consecutive session, at 2.95 dirhams, to rise to its highest price in more than seven years, with transactions amounting to about 151 million shares.
The market index also continued to rise, as it rose by 1% at the end of today's session, to close at 3287 points, and recorded its highest level since February 2018, with transactions worth 1.3 billion dirhams.
The shares of 16 companies out of the 33 companies that were traded today, while the shares of 13 companies declined, and four companies remained on the verge of decline.
Shares of "Emaar Properties" rose 1.6 percent to 5.18 dirhams, with transactions exceeding 74 million shares, while "Amlak Finance" shares rose by the maximum rate of 0.435 dirhams, and transactions amounted to two million shares.
Shares of "Dubai Islamic" rose 0.7% at 5.55 dirhams, and transactions approached 16 million shares, while "GFH" rose 12.5% at 1.26 dirhams, and transactions exceeded 109 million shares.
The most traded stock, "Deyaar Development", rose to the maximum for the second session in a row at 0.476 dirhams, rising to its highest price in more than three years, with transactions amounting to about 164 million shares.
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