Money and business

20.2 billion dirhams market gains for Dubai Financial in a week

The Dubai Financial Market closed trading last week with an increase of 1.45%, or the equivalent of 90.20 points, at the level of 6316.14 points, supported by a collective rise in sector stocks, led by banks, industry, real estate and communications.

The market capitalization of Dubai Financial rose to about 1.0421 trillion dirhams at the end of the week’s session yesterday, compared to about 1.0219 trillion dirhams at the end of the previous week’s trading, with gains amounting to about 20.2 billion dirhams.

Shares listed on the market attracted liquidity exceeding 3.65 billion dirhams, after more than 1.4 billion shares were traded and 72,964 transactions were executed.

The market performance was supported by the growth of banking sector shares by 1.56%, as “Ektittab Holding” shares rose by 14.55%, “Al Ramz Corporation” by 14.82%, “Emirates NBD Bank” by 3.92%, “Amanat Holding” by 1.58%, and “Dubai Islamic Bank” by 0.42%, while real estate sector shares rose by 0.2%, as the shares of “Al Mazaya” companies rose. Holding Company 7.23%, Emaar Development 0.93%, and Emaar Properties 0.35%.

Shares of the industrial sector also rose by 1.56%, as shares of “Dubai Taxi” rose 5.47%, “SALIC” 4.36%, and “Parkin” 1.33%.

During last week’s transactions, foreign investors (non-Arabs) in the Dubai Financial Market tended to buy, with a net investment amounting to about 422.07 million dirhams, after they recorded purchases worth more than 1.39 billion dirhams, compared to sales worth 977.11 million dirhams.

For its part, the Abu Dhabi Securities Market ended last week’s trading, rising by 1.14% to close at 10,123.26 points. The market capitalization rose to about 3.116 trillion dirhams at the end of the week’s session yesterday, compared to about 3.0988 trillion dirhams at the end of the previous week’s trading, with gains amounting to about 17.62 billion dirhams.

Shares listed on the market attracted liquidity exceeding 6.41 billion dirhams, after trading about 1.44 billion shares and executing 109.58 thousand transactions.

For his part, Managing Director of TickMill, Joseph Dahria, confirmed that “UAE stock markets concluded last week with a positive performance, maintaining their upward trajectory, supported by the purchasing powers of foreigners.”

Dahria told Emirates Today that “the general outlook for the market remains positive and constructive, supported by solid fundamentals and strong economic growth expectations for 2026,” expecting the strong earnings announcements of listed companies in the fourth quarter to support the current momentum in the near term.

He pointed out that there was a noticeable improvement in investor morale in preparation for the early stage of the earnings season, noting that oil prices provided support to the Abu Dhabi Securities Market during the past week’s transactions.

. 422.07 million dirhams, net foreign investments in the Dubai market during 5 sessions.

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