he Dubai Financial Market (DFM) opened February with a robust performance, closing yesterday’s session up by 2.14%, equivalent to 138 points, to settle at 6,573.36 points. The surge was fueled by strong gains across key sectors including real estate, banking, industrials, utilities, and telecommunications. The uptick coincides with a wave of strong earnings reports from listed companies for the previous fiscal year.

By the end of the session, DFM’s market capitalization had increased to AED 1.089 trillion, compared to AED 1.062 trillion at the close of the last trading session in January, marking a gain of approximately AED 27 billion.

Sector-wise, the real estate sector led the rally with a 3.74% gain, followed by banking (2.44%), industrials (1.28%), utilities (1.09%), and telecommunications (1.46%).

Foreign (non-Arab) investors played a key role in the market’s performance, recording net purchases of AED 231.11 million. They bought AED 459.12 million worth of shares, while their sales totaled AED 228.01 million.

Liquidity was strong in the session, with trading volumes exceeding AED 900.41 million across approximately 211.6 million shares, executed through 14,582 transactions.

Six companies dominated trading activity, collectively accounting for 77.38% of total market liquidity. These were:

• Emaar Properties

• Emirates NBD

• Emaar Development

• Dubai Islamic Bank

• Amlak Finance

• Air Arabia

According to market data, trading on these six stocks totaled AED 696.8 million.

Top Performing Stocks:

• Emaar Properties led the session with AED 310.7 million in turnover, rising 4% to AED 15.6.

• Emirates NBD followed with AED 169.47 million in trades, jumping 6.1% to AED 33.

• Emaar Development ranked third, with trades worth AED 100.49 million, closing at AED 18, up 4.65%.

• Dubai Islamic Bank recorded AED 52.22 million in trading.

• Amlak followed with AED 37.09 million, and Air Arabia posted AED 26.8 million.

Abu Dhabi Securities Exchange Also Posts Gains

The Abu Dhabi Securities Exchange (ADX) mirrored DFM’s positive sentiment, closing up 0.547%, or 56.24 points, at 10,338 points. Market capitalization rose to AED 3.155 trillion, up from AED 3.134 trillion at the close of the last session in January — a gain of more than AED 21 billion.

Trading activity remained strong, with over AED 1.17 billion in turnover, 260.65 million shares traded, and 20,759 transactions executed.