DFM and ADX open firm on Asian rally

The Dubai Financial Market (DFM) started the day by opening higher from Wednesday’s close.

At 10.30am, the benchmark index was up 8.10 points, or 0.55 per cent, with all sectoral indices pushing the market up. Buying momentum seemed to be getting support from rallies across Asian bourses on Thursday.

Buying activities were also being seen on the Abu Dhabi Securities Exchange (ADX) with the index up 1.50 points at 10.35am. However, construction and banking sectors were trailing behind other sectoral indices.