Al Watani and Emaar Lead the Dubai Market for Weekly Earnings

National Bank and Emaar Lead Dubai Market for Weekly Earnings Naseem News, citing the witness Al Watany and Emaar are leading the Dubai market for weekly earnings We introduce our visitors News News Today, through our website Nassim News and starting with the main news, Al Watany and Emaar lead The Dubai Financial Market (DFM) continued to rise over the week, driven by the selective purchase of some of the major shares, the general index rose by 0 , 77% to 2948.80 points to win 22.8 points over last week's close at 2926.04 points.
Ihab Rashad, Chairman of the Board, The CEO of Al Safwa Mubasher Financial Services said that the trend of Emaar Hotels Management Company with the sale of part of the assets current would increase the profitability of the company and that he was eager to buy them.
He pointed out that the reluctance of sellers Positive results for businesses for the first half of the year.
The focus is on tightening new companies with strong financial positions and multiple sectors so as not to lose their relative weight in global indices. "
Most sectors lead, consumer goods up 1.07%
AED 0.335
The banking sector grew 1.05% after Israel NBD rose by 2.43%, some traders having continued to buy the stock after half a profit above expectations.
The real estate sector has grown by 0.42% Emaar Properties has launched a new project in Dubai and seeks to sell its hotels from here 10 years.
With an investment of 0.3%, supported by SHUAA Capital of 4.85% at AED 1.08, in conjunction with news of new expansions and its impact on the crisis Abraaj.
2.3% to AED 4.3 and Air Arabia 0.94% to AED 1.05
Trading volumes decreased during the week with volumes reaching $ 344.97 million. 39 shares with a liquidity of AED 496.38 million against AED 515.65 million over the same period.The Arab traders and UAE have completed shares in the Dubai financial market this week, as opposed to foreigners
According to DFM statistics, Arabs bought AED 87.86 million, compared with AED 86.52 million, with a net purchase of 1, AED 33 million.
UAE traders trade at AED 431.39 million, 413.34 million AED, with a purchase / purchase difference of 18.05 million AED
Investors bought for AED 343.93 million purchases, compared with AED 333.93 million, with a business turnover of 9.99 million AED.
Non-Arabs were around 168.73 million dirhams, compared with 157.94 million for purchases (AED 194.801) The general index rose 0.77% to settle at 2948.80, ending the week with a sales / purchase gap of 10.8 million AED. The total volume of transactions reached 344.97 million shares, with a volume of 496.38 million dirhams against 515.65 million shares for a total value of 689.24 million AED.