Dubai General Index Advances 0.3% In Early Trade

By Yomna Yasser On May 8, 2013

The Dubai Financial Market (DFM)’s General Index advanced to reach at 2,156.34 levels during the first couples of hours trading on Wednesday 08th May 2013, adding 6.61 points or 0.31 percent.

Real Estate and Investment & Financial Services sectors appeared at top during this time span, showing a growth of 0.8 percent each. Transportation was the other significant advancer with 0.77 percent.

Advancers outnumbered the decliners with a margin of 15 to 9.

United Foods Company (UFC) topped the chart of gainers’, surging 10.09 percent.

Oman Insurance Company (OIC) led the chart of losers’, dropping 9.92 percent.

Gulf Finance House (GFH) with more than 75.7 million shares dominated the share trading activity.

Gulf Base