Money and business

Real estate and banks lead Dubai Financial’s rise in a week

The Dubai Financial Market closed last week’s trading with an increase of 2.66%, or the equivalent of 168.24 points, at the level of 6484.38 points, supported by the rise in shares of the leading sectors, led by real estate, banks, public utilities and communications. The market capitalization of Dubai Financial rose to about 1.0687 trillion dirhams at the end of the week’s session yesterday, compared to about 1.0421 trillion dirhams at the end of the previous week’s trading, with gains exceeding 26.6 billion dirhams.

Shares listed on the market attracted liquidity exceeding 3.6 billion dirhams, after trading more than 1.41 billion shares and executing 71,045 transactions.

The market performance supported the growth of real estate sector shares by 4.62%, as the shares of “Union Properties” rose by 6.86%, “Emaar Development” by 5.22%, “Emaar Properties” by 3.81%, “Tecom Group” by 8.04%, and “Deyaar Development” by 3.81%.

Banking sector shares rose by 2.38%, as the shares of Emirates NBD banks rose 1.97%, Dubai Commercial Bank rose 2.15%, Dubai Islamic Bank rose 3.79%, Ajman Bank rose 5.88%, and Dubai Financial Market rose 3.75%.

Shares of the industrial sector also rose by 2.3%, as shares of “Dubai Investment Company” rose 8.4%, “Dubai Taxi” 3.33%, and “Parkin” 0.49%.

For its part, the Abu Dhabi Securities Market ended last week’s trading, rising by 1.61% to close at 10,285.77 points. The market capitalization rose to about 3.148 trillion dirhams at the end of the week’s session yesterday, compared to about 3.116 trillion dirhams at the end of the previous week’s trading, with gains exceeding 32.25 billion dirhams.

Shares listed on the market attracted liquidity exceeding 6.99 billion dirhams, after trading about 1.74 billion shares and executing 120.78 thousand transactions.

For his part, the Chief Investment Officer of Century Financial, Vijay Valesha, confirmed that “the UAE financial markets continued their positive performance during the past week, driven by strong momentum in investor appetite and improved performance of the leading sectors.”

He pointed out that the Dubai Market Index succeeded in recording its third weekly gain in a row, achieving a weekly increase of 2.7%, and gains since the beginning of the month amounting to 7.2%, which reflects a strong start to the year, supported by improved global risk appetite, which enhanced investor flows.

He pointed out that the Dubai Financial Market has a high valuation appeal, with the profitability multiple (a financial measure that compares the company’s current share price to its earnings per share) reaching about 11.8 times, which makes it suitable for local and foreign investors.

He added that the Abu Dhabi Market Index continued its upward trajectory for the third week in a row, recording weekly gains of 1.6%, the highest since December 2025, to close at 10,285.77 points, approaching its highest levels in 52 weeks.

He pointed out that the markets are awaiting financial results announcements for a number of banks and major companies in Dubai and Abu Dhabi next week, which may constitute an additional incentive for performance, especially in light of the strength of the banking sector.

He stressed that the strength of the current momentum, the diversity of profitable sectors, and the proximity of indicators to their high levels, enhance the positive outlook for the UAE markets, with the continuation of investment opportunities, especially in the real estate, financial, and health care sectors.

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