“Dubai Financial” wins 1.14 billion dirhams in 17 sessions

The Dubai Financial Market has strengthened its gains from the beginning of January until the end of the trading session yesterday, at about 1.14 billion dirhams, supported by the power of the national economy and the strong gains of the listed leadership shares, and the increase in demand by international institutions and investors, as well as expectations of good annual business results and successive new induction.

A monitoring prepared by «Emirates Today» based on the Dubai Financial data showed that the general index of the market was raised by 1.3%, equivalent to 66.87 points during the first 17 sessions of January 2025, to jump from the level of 5158.67 points at the end of last December to 5225.54 points at the end Yesterday’s session.

The market capital of the shares listed increased from 906.9 billion dirhams at the end of last December trading to 908.04 billion dirhams at the end of yesterday’s session.

During the monitoring period, the outcome of the purchase of foreign investors from shares amounted to about 436.96 million dirhams, after purchases worth 23.154 billion dirhams, and sales worth 22.717 billion dirhams.

The value of “sales” of citizens from shares in the Dubai Financial Market amounted to 21.887 billion dirhams, compared to “purchases” at a value of 21.451 billion dirhams, to be the result of a “sale” of 436.969 million dirhams, while the value of individuals sales reached 41.607 billion dirhams, compared to purchases of 39.906 billion AED, to be the result of “sale” also about 1.701 billion dirhams.