Dubai Financial enhances its gains and gains 566 million dirhams

The Dubai Financial Market ended yesterday’s trading session on the rise, with its general index rising by 0.2%, or 10.57 points, to 5,230.83 points, enhancing its market gains by about 566 million dirhams, supported by investor optimism and positive expectations regarding the annual business results of listed companies and the main sectors in the country, most notably Real estate sector.

The market capitalization of shares listed in Dubai Financial rose from 909.32 billion dirhams at the end of last Tuesday’s session to 909.886 billion dirhams at the end of yesterday’s session.

The Dubai Financial Market attracted liquidity amounting to about 702.91 billion dirhams, with it mainly concentrated in shares of the real estate and banking sectors, after 238.15 million shares were traded through the implementation of more than 14.94 thousand transactions.

“Emaar Properties” stock rose by 0.76% to 13.3 dirhams, topping the most active stocks, with trades amounting to 213.38 million dirhams, followed by “Emaar Development” stock, which rose by 1.42%, reaching 14.25 dirhams, with liquidity worth 97.33 million dirhams achieved.

In turn, Dubai Islamic shares rose by 1.36% to reach 7.44 dirhams, with liquidity recording 77.09 million dirhams, while Emirates NBD Bank shares rose by 1.37% at a price of 22.2 dirhams, approaching its highest levels ever again, while shares reached Talabat level is 1.53 dirhams, with liquidity amounting to 71.86 million dirhams.

On the Abu Dhabi Securities Market, the general market index fell by 0.2% at 9,534 points, after trades worth a total of 1.203 billion dirhams.

“Phoenix” shares rose by 2.4% to 1.26 dirhams, and “Ras Al Khaimah Properties” shares rose by 0.9% to 1.18 dirhams, while “Multiplay” group shares reached 2.11 dirhams.