Al Watani and Emaar Lead the Dubai Market for Weekly Earnings

Al Watany and Emaar Dominate the Market from Dubai for weekly earnings Al Watany and Emaar are leading the Dubai market for weekly earnings. Al Watany and Emaar are leading the Dubai market for weekly earnings. The Dubai financial market (DFM) rose during the week, boosted by the selective purchase of some of the major securities The most important of them was Emaar
The general index has increased by 0.77% to 2948.80 points to gain 22.8 points over last week's close at 2926.04 points.
Ihab Rashad CEO of Al Safwa Mubasher Financial Services said that the trend of Emaar Hotel Management with the sale of a portion of current assets would increase the profitability of the company and wanted to buy them.
He pointed out that the reluctance of salespeople to the current level Positive business results for the first half of the year.
The markets are focused on attracting new companies with strong financial positions and in multiple sectors so as not to lose their relative weight in global indices. "
Most sectors grew, consumer goods up 1.07%
AED 0.335
The banking sector grew 1.05% after Israel NBD rose 2 , 43%, some traders having continued to buy the title after a half-profit above expectations.
The real estate sector has grown by 0.42% The rise of Emaar Properties after the launch of a new project in Dubai and its effort to sell its hotels in 10 years.
Km Investments increased by 0.3%, supported by SHUAA Capital of 4.85% to 1.08 AED, while new expansions Were not affected by the exposure to the Abraaj crisis
By contrast, the transport sector decreased from 1.53% (2.3%) to AED 4.3 and Air Arabia 0.94% to AED 1.05
Trading volume during the week fell to 344.97 million shares with liquidity of AED 496.3 8 million against AED 515.65 million. Arab traders and emirates have tended to buy shares in Dubai Financial Market this week,
According to DFM statistics, Arabs bought AED 87.86 million, compared with AED 86.52 million, with a net purchase 1.33 million AED.
UAE traders trade at AED 431.39 million, In terms of institutional investors, their purchases amounted to 343.93 million dirhams, against 333.93 million dirhams, with a figure of Business of 9.99 million dirhams. Non-Arab foreign investors reached 168.73 million dirhams, against purchases of about 157 million dirhams. AED 94 million, with a net selling value of AED 10.8 million.
Gulf traders were trading at AED 50.12 million, compared with AED 41.52 million trades, netting AED 8.6 million trades.
The index rose 0.77% to 29488.80 to gain 22.8 points over last week's close at 2926.04 points
Transaction volume decreased by 344, 97 million shares, with a volume of AED 496.38 million against AED 515.65 million over the same period. We always promise you to provide all that is best .. and to forward the news from all sources of information and to facilitate the Tha readers you. Do not forget the IK work for our Facebook page and follow the latest news on Twitter. With the greetings family website log today.
Today, Al Watany and Emaar lead the Dubai market for weekly earnings, following us on the social networking sites of our site to receive new news.

Source: Witness