DFMGI advances on low trading volumes

Benchmark adds over 9 pts

Dubai Financial Market General Index (DFMGI) ended in the green, edging up 0.6%, or almost 9.3 points, to 1567.12, according to Mubasheer data.

The bourse witnessed the lowest trading activity in July. Trading volume dropped 50.5% to around 58.16 million shares, compared with the 117.48 million shares exchanged on Thursday. Turnover also fell about 48% from AED 131.63 million to nearly AED 68.49 million. In addition, the number of transactions decreased almost 35.4% from 1769 to 1142.

Out of the 28 companies traded today, 16 headed north, 8 headed south, while 4 others kept flat.

Share and Enjoy

You may consider reading further :

• DFMGI ended positive amid thin trading
  Dubai Financial Market General Index (DFMGI) ended in the positive territory. It added as much as 0.22% (3.41 points) to...
• Dubai shares advanced 2.4%
  Dubai Financial Market General Index (DFMGI) got off to a good start in July, shutting today’s session with a remarkable...
• UAE bourses performance unpredictable on thin liquidity
  UAE stock markets opened today’s sessions in red, hurt by Thursday's fall in the Saudi bourse and other global peers. ...
• Bearish sentiment has weighed on Dubai Financial Market
  A bearish sentiment has weighed on Dubai Financial Market (DFM) last Thursday, triggered by downbeat U.S. job data. D...
• DFM adds 1.58%
  Dubai Financial Market General Index (DFMGI) closed Tuesday’s session on an up note, advancing 1.58%, or 24.25 points, t...