New liquidity drives DFM

Institutional interest returned with a vengeance in Dubai yesterday, with turnover more than doubling on the Dubai Financial Market (DFM) and the DP World stock attracting huge buying on Nasdaq Dubai.

The global ports operator's stock price jumped 15.79 per cent in heavy trading as 214.8 million shares changed hands. This is more than the total turnover witnessed by the stock from January 1 until Monday.