DFM’s market capitalisation increased

(Dubai) – The Dubai Financial Market General Index increased by 5.2% to 3864.7 points at the end of February compared to 3674.4 points at the end of January. The Financial & Investment services index decreased the most by 10.1% and the Real Estate and Construction index up 7.7%, and the Insurance index increased by 4.6%.
In contrast, the Industrial index down by 16.9%, and Transportation index down 0.4% The market capitalisation increased at the end of this month by 6.4% to reach Dh 349.3 billion compared to Dh 328.3 billion at the end of January. The value of shares traded reached during this month Dh 13.3 billion, compared to Dh 15.3 billion recorded during January, down by 12.6%.
The number of shares traded decreased by 7.7% to reach 8.2 billion shares during this month compared to 8.9 billion shares traded during January. The number of transactions executed during February down by 17.8% to reach 130.9 thousands compared to 159.2 thousand deals carried out during the previous month.
(Courtesy WAM)