Money and business

UAE financial markets attract 10.5 billion dirhams in liquidity in a week

During last week’s transactions, the UAE financial markets attracted liquidity exceeding 10.5 billion dirhams, distributed by 4.24 billion dirhams in the Dubai Financial Market, and 6.26 billion dirhams in the Abu Dhabi Securities Market, after trading 3.77 billion shares, through the implementation of more than 217 thousand and 436 transactions.

The market capitalization of shares listed on the two markets amounted to about 3.77 trillion dirhams, at the end of last week’s trading yesterday, distributed by 2.81 trillion dirhams for shares listed on the Abu Dhabi market, and 959.67 billion dirhams for shares listed on the Dubai market.

The Dubai market closed trading last week at 5854.19 points, while the Abu Dhabi market closed at 9788.84 points.

Regarding daily performance, the Dubai market closed trading yesterday, up by 0.69%, or the equivalent of 40.15 points, at 5854.19 points, with gains amounting to 8.5 billion dirhams. The session witnessed trading of 197.62 million shares through the execution of 16.44 thousand transactions, while the trading value amounted to 709.22 million dirhams.

In the Abu Dhabi market, the general index closed trading yesterday, up by 0.43%, or the equivalent of 42.14 points, at 9788.84 points, with gains amounting to 5.3 billion dirhams. The session witnessed trading of 373.06 million shares through the execution of 27.55 thousand transactions, and the trading value reached 1.09 billion dirhams.

In comment, Wael Mahdi, trading director at Daman Securities, said that the movement of indices in both the Dubai Financial Market and Abu Dhabi Securities Markets maintained stable levels despite geopolitical pressures.

Mahdi explained to Emirates Today that the financial results announced so far in the banking sector were positive in general, whether for First Abu Dhabi Bank, Abu Dhabi Commercial Bank, or Emirates NBD, in addition to strong performance indicators for the rest of the banks, which reflects the strength of the sector during the first quarter of this year, despite the geopolitical challenges.

He added that expectations are still positive, especially with the presence of monetary support packages and incentive policies by the UAE Central Bank, which contributed to improving the performance of the markets last March.

Mahdi expected that the next stage will witness a kind of separation between the effects of geopolitical risks on the one hand, and the performance of markets supported by financial results on the other hand, as strong results can play a role in supporting investor morale during the coming period.

He pointed out that the main sectors in the local stock markets, led by the banking sector, the real estate sector, in addition to the communications sector, as well as the leading listed companies, will constitute the primary driver of performance during the next stage, with the continued announcement of strong financial results for the first quarter of 2026.

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