Economy Local February 06, 2025

Dubai Stock Market Shows Mixed Performance

The stock market in Dubai displays a mixed performance with a rise in some stocks while others see a decline. The Dubai index rose supported by Emaar Properties and Dubai Islamic Bank, despite a drop in the Abu Dhabi index.


Dubai Stock Market Shows Mixed Performance

On Thursday, the indices of Abu Dhabi and Dubai demonstrated mixed dynamics. The Abu Dhabi index decreased by 0.22%, reaching a level of 9563.32 points, while the Dubai index increased by 0.50% and amounted to 5244.83 points.

Among the stocks showing the most significant growth, Dubai National Insurance can be highlighted, with a growth of 6.38%, Salama Sudan with a growth of 6.24%, Dubai Commercial with an increase of 5.04%, Wataniya with a growth of 3.48%, and Parson with an increase of 3.28%.

On the other hand, the most significant declines in the stocks of the following companies were observed: Emirates Investment Bank by 10%, Salama by 4.60%, Emirates Reem by 3.15%, Aman by 2.71%, and Shaheen by 2.01%.

The market index in Dubai increased, supported by the growth of Emaar Properties stocks by 0.74%, reaching 13.60 dirhams, Dubai Islamic by 0.64% to 7.97 dirhams, and Emirates NBD by 0.72% to 20.95 dirhams, while Deyaar stocks rose by 0.37%. Meanwhile, Salama stocks decreased by 1.35% and Emaar Development by 0.38%.