UAE Stock Markets Rally as Dubai Index Surpasses 5,300 Points

Dubai Financial Market (DFM)

The United Arab Emirates’ stock markets ended the day on a high note, reflecting a wave of investor optimism and strong sectoral performance, particularly in banking and real estate.

The Dubai Financial Market (DFM) General Index surged by 1.25%, closing at 5,307.15 points — its highest level since 2014. The market saw active trading, with values reaching over 705 million dirhams.

Several stocks saw notable gains:

  • Commercial Bank of Dubai jumped nearly 15%.

  • BHM Capital rose by 14.8%.

  • National International Holding increased by over 10%.

Major players also performed steadily:

  • Dubai Islamic Bank gained 0.8%.

  • Emaar Development added 3.1%.

  • Emirates NBD edged up 0.7%.

A few stocks did see declines, with Unikai Foods and Depa PLC among those registering losses.

Abu Dhabi Sees Modest Growth

The Abu Dhabi Securities Exchange (ADX) index rose slightly by 0.07%, closing at 9,534.33 points, with trading values nearing 1.64 billion dirhams.

Positive contributors included:

  • Multiply Group, up 1.4%.

  • First Abu Dhabi Bank, gaining 3.3%.

  • ARAM Group and A7 Group, both showing over 6% growth.

On the flip side, RAK Investment Authority and Umm Al Quwain Bank saw moderate losses.

Market Sentiment

The strong performance of UAE markets suggests increased investor confidence, supported by solid earnings and sector stability. Market watchers remain alert to economic data and geopolitical developments that could shape future trends.

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