Imagine a firm acting like a strict parent, setting all the rules and watching the clock
he only publicly traded stock exchange in the region, DFM Co. advanced 6.6 per cent to Dh3.57 while Sharjah-based budget carrier AirArabia gained 6.2 per cent to Dh1.55.
The other big gainers were Aramex, a global total transportation services company, which rose 4.51 per cent to Dh2.78; Islamic Arab Insurance, which increased 2.74 per cent to Dh3.37; and the Arab world's largest real estate developer by market value, Emaar Properties, which climbed 2.72 per cent to Dh11.30.
Dropping 0.2 per cent to Dh24, Dubai Islamic Insurance was the only loser on Dubai Financial Market (DFM) General Index.
DFM's traded shares were valued at Dh2.73 billion. Twenty-one DFM listed companies posted gains while one was unchanged.
The real estate sector had the biggest jump at 2.84 per cent to 1,012.30 among the sub-indices listed on Abu Dhabi Securities Market (ADSM) Index, while the insurance sector was the only loser as it fell 1.32 per cent to 2,919.65.
Oman & Emirates Investment Holding Co., which invests in various projects in Oman and the UAE, led the gainers on ADSM with a jump of 10 per cent to Dh23, followed by Fujairah Cement Industries with a rise of 5.7 per cent to Dh4.65.
Imagine a firm acting like a strict parent, setting all the rules and watching the clock
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