“Dubai Financial” earns 11.7 billion dirhams in a week

The Dubai Financial Market continued its gains for the third week in a row, at the end of the week’s transactions, yesterday, up 1.7% to close the week’s transactions at 5854.99 points, with the support of the performance of leadership stocks and the optimism of investors regarding strong business results for the companies listed in the first half of this year.

The market capital of shares listed in the Dubai Financial Market increased to about 997.193 billion dirhams at the end of yesterday’s session, compared to 985.41 billion dirhams at the end of the previous week’s trading, with gains of 11.78 billion dirhams.

In the Abu Dhabi Securities Market, the general index also continued its gains for the third consecutive week, up 0.82% to close the week’s transactions at 10064.81 points.

The market capital of shares listed in the Abu Dhabi Securities Market increased from 2.966 trillion dirhams at the end of Friday session before last Friday to about 2.982 dirhams at the end of yesterday’s session, with gains of 15.74 billion dirhams.

In “Dubai Financial”, Al -Ittihad Real Estate shares jumped by 19.7%to top the list of the highest shares, and the share of “Drake and Skel” rose by about 13.9%, and the share of “Eva” company grew by 12.9%.

The shares of Dubai Refreshments increased by 9.6%, “Dubai Investment” by about 8.1%, “cooling” by 6.2%, “Diar Development” by about 5.8%, and “GFH Financial” 5.6%.

On the level of the highest increase in the Abu Dhabi Market, the shares of “Amman and the Emirates” topped the list of companies by about 15%, “Ishraq Investment” by 9.2%, “Abu Dhabi National Insurance” 9.2%, and “A 7 Group” by 8.4%.

At the level of daily performance, the Dubai Financial Market closed yesterday, up 0.41%, with trading estimated at 753.117 million dirhams, at about 364.19 million shares, after the implementation of 12.79 thousand deals.

For his part, the expert in the financial markets, Wael Mahdi, stressed that “the rises witnessed by the Dubai Financial Market are mainly due to the positive performance of many leadership shares, such as Emaar Real Estate and the UAE Dubai, in addition to the clear rises recorded by some other stocks, such as the Real Estate Union and Diyar Development, after standard trades are the highest since the beginning of 2025, which supported the direction of investors, whether local Or foreigners, towards building clear financial centers. ”

Mahdi added that the diversity of the options available to investors between the shares is in the interest of the market, as we see the index approaching the level of six thousand points, which will also be supported by the results of the work of the companies listed for the first half of this year, as expectations indicate the recording of positive and strong results.