The Markets.

Provided by 7DAYS.ae

The Dubai Financial Market made a welcome return to the green yesterday as the General Index climbed by 0.24 per cent to reach 5,657.17 points.

On the whole, industry sectors had a good day, though they perhaps did not recover as much as they would have hoped. Utilities lost 0.79 per cent to 4,543.27 and real estate slipped 0.04 per cent to 11,605.54, but those wereA the only two casualties.

Consumer staples did not move but all others advanced. Materials made the most progress with a 4.55 per cent leap to 11,605.54, while telecoms gained 1.18 per cent.

Trading was still low at 4,462 deals as the market's fractional climb gave no cause for confidence. Twenty-seven companies were in action but their fortunes were very mixed. Twelve moved forwards, with four unchanged and 11 falling backwards.

Al Firdous Holding took the day's best figures with a 4.81 per cent jump to dhs2.61, while National Cement Company won 4.54 per cent to dhs10.35. At the other end, GRAND and SALAM International were the biggest losers, tumbling 14.77 and 14.44 per cent respectively.

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