• HSBC

Dubai market gains slightly

  • United Arab Emirates: Thursday, October 01 - 2009 at 15:56

The Dubai bourse index DFM was struggling around the level of 2,200 points throughout the trading session and eventually closed 0.16% higher at 2,194.64 points with Dhs960,857,153 value traded. Real estate developer Al Mazaya posted the largest gain, surging 15% higher (at Dhs3.35). While real estate share gained overall, Islamic banks lost value, led by Gulf Finance House (down 9.87% at Dhs3.56) and Dubai Islamic Bank (1.59% lower at Dhs3.10). Eight shares remained unchanged, among them the DFM itself (flat at Dhs2.38). During the last week of trading the DFM Index added 0.43%.

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