Dubai Financial’s gains exceed 3 billion dirhams

The Dubai Financial Market ended yesterday’s trading session on the rise, with its general index rising by 0.34%, or 17.73 points, closing at 5,248.56 points, as the market consolidated its gains by about 3.094 billion dirhams, supported by investor optimism and positive expectations regarding the annual business results of listed companies and major sectors. Foremost among them is the real estate sector.

The market capitalization of shares listed in Dubai Financial rose from 909.886 billion dirhams at the end of Wednesday’s session to 912.98 billion dirhams at the end of yesterday’s session.

The Dubai Financial Market attracted liquidity amounting to about 660.719 billion dirhams, with it mainly concentrated in shares of the real estate and banking sectors, after 228.15 million shares were traded through the implementation of more than 14.3 thousand transactions.

“Emaar Properties” stock rose by 1.5% to 13.5 dirhams, topping the most active stocks, with trades amounting to 248.236 million dirhams, followed by “Dubai Islamic” stock, which rose by 2.016%, reaching 7.59 dirhams, with liquidity worth 72.51 million dirhams achieved.

Emirates NBD shares also rose by 1.13% to reach 22.45 dirhams, with liquidity amounting to 44.214 million dirhams, while Empower shares reached 1.73 dirhams, with liquidity amounting to 32.814 million dirhams.

In the Abu Dhabi Securities Market, the general market index rose by 0.09% to the level of 9542.87 points, after trades worth a total of 794.309 billion dirhams.

“International Holding” shares topped the activity, with liquidity amounting to 163.13 million dirhams, stable at 401.9 dirhams.

. 660.7 billion dirhams in liquidity attracted by the Dubai market.