The Dubai Financial Market closed yesterday’s session with a sharp rise of 6.9%, equivalent to 373.37 points, ending at 5,777.47 points. This marks the market’s strongest daily performance in nearly six years, driven by a broad rally across key sectors, particularly real estate, banking, and industry.
The total market capitalization climbed to AED 960.37 billion by the end of the session, up from around AED 893.7 billion in the previous session, reflecting gains of approximately AED 66.66 billion.
Broad Gains Across Sectors
The positive performance was supported by gains across most sectors. Real estate stocks led the rally with an increase of 11.55%, followed by both the industrial and banking sectors, each rising by 5.74%. Utilities also posted strong gains of 6.94%.
Other sectors recorded notable increases as well, including consumer staples at 5.28%, basic materials at 4.16%, consumer discretionary at 2.04%, and telecommunications, which rose by 1.17%.
Local Investors Turn Net Buyers
UAE national investors were net buyers during the session, recording a net investment of around AED 59 million. Their total purchases reached AED 1.191 billion, compared to sales of AED 1.132 billion, indicating growing confidence in the market.
Strong Liquidity and Focus on Blue Chips
Market liquidity exceeded AED 2.42 billion, with approximately 626.8 million shares traded across more than 40,000 transactions.
Six major stocks accounted for over 78% of the total liquidity. These included Emaar Properties, Emirates NBD, Dubai Islamic Bank, Emaar Development, Air Arabia, and Salik, with combined trading value reaching around AED 1.89 billion.
Emaar Properties led the market with trading value of AED 1.18 billion, representing nearly 49% of total liquidity, and its share price rose by 12.95% to AED 12.38. Emirates NBD followed with AED 193.87 million in trades, gaining 10.67%, while Dubai Islamic Bank came third with AED 179.68 million, up 6.04%.
Emaar Development rose 11.31% to AED 14.76, Air Arabia gained 10.78% to AED 4.5, and Salik increased by 10.8% to AED 5.54.
Abu Dhabi Market Also Advances
Meanwhile, the Abu Dhabi Securities Exchange also ended the session higher, rising by 2.84% or 273 points to close at 9,868.93 points.
The market capitalization increased to approximately AED 2.843 trillion, up from AED 2.768 trillion in the previous session, marking gains of about AED 74.66 billion.
Total trading value exceeded AED 2.58 billion, with around 589.26 million shares traded through more than 48,000 deals.
Five major stocks accounted for about 57% of total liquidity: Aldar Properties, Abu Dhabi Commercial Bank, First Abu Dhabi Bank, Abu Dhabi Islamic Bank, and e&.
Aldar Properties topped trading activity with AED 476.14 million, followed by Abu Dhabi Commercial Bank with AED 359.4 million, and First Abu Dhabi Bank with AED 288.3 million. Abu Dhabi Islamic Bank recorded AED 218.72 million, while e& reached AED 143.12 million.
Market Outlook
Market analysts noted that the strong performance reflects renewed momentum supported by high liquidity and positive investor sentiment from both local and foreign investors.
They also highlighted that Emaar’s return to levels above AED 12 following dividend distribution represents a key technical support level for the overall index, with expectations that market activity will remain strong, particularly in leading stocks and companies with stable returns.
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