Economy Local 2026-01-21T01:53:43+00:00

Dubai Financial Market Rises for Third Consecutive Day

The Dubai Financial Market closed yesterday up 0.5% at 6375.28 points. The rise was supported by the banking and real estate sectors, and investor optimism over strong Q4 earnings. Market cap exceeded 1.0496 trillion dirhams, with foreign investors making net purchases of 122.2 million dirhams.


Dubai Financial Market Rises for Third Consecutive Day

The Dubai Financial Market continued its rise for the third consecutive session, closing yesterday up by 0.5%, equivalent to 31.75 points, to reach 6375.28 points, supported by the banking and real estate sectors, and investor optimism over strong Q4 2025 earnings results. The market capitalization of the Dubai Financial Market exceeded 1.0496 trillion dirhams by the end of yesterday's session, compared to around 1.0453 trillion dirhams at the close of the day before yesterday, with gains exceeding 4.3 billion dirhams. The market's performance was driven by a 0.76% rise in real estate sector stocks and a 0.65% rise in the banking sector, while public utilities and industrial sector stocks rose by 1% and 0.16%, respectively. Foreign (non-Arab) investors in the Dubai market turned to buying with a net investment of 122.2 million dirhams after recording purchases worth 328.91 million dirhams versus sales of 206.69 million dirhams. Stocks listed on the Dubai Financial Market attracted liquidity exceeding 700.72 million dirhams yesterday after trading on around 246.41 million shares and executing 14,415 deals. Stocks of six companies listed on the 'Dubai Financial Market' — 'Emaar', 'Emirates NBD', 'Dubai Islamic Bank', 'Deyaar', 'Air Arabia', and 'Union Properties' — accounted for about 61.12% of the market's liquidity at the end of yesterday's trading. According to market data, the total trading value of the six stocks reached approximately 428.28 million dirhams, while the total trading value on the Dubai Financial Market as a whole amounted to about 700.72 million dirhams. Emaar's stock led the market in terms of liquidity with a trading value of around 144.49 million dirhams, up 0.685% at 14.7 dirhams, while Emirates NBD's stock came second with a trading value of 105.68 million dirhams at 30.15 dirhams. Dubai Islamic Bank's stock ranked third with trading volume of 63.57 million dirhams at 9.7 dirhams per share, while Deyaar's stock recorded trading of 45.55 million dirhams, up 1% at 3.03 dirhams per share. Trading volume for Air Arabia's stock was around 35.63 million dirhams at 5.22 dirhams per share, while Union Properties' stock trading volume was 33.33 million dirhams at 0.89 dirhams per share, up 2.77%. Meanwhile, the Abu Dhabi Securities Exchange ended yesterday's trading up by 0.249%, equivalent to 25.36 points, to close at 10195.86 points. The market's capitalization rose to approximately 3.131 trillion dirhams by the end of yesterday's session, compared to 3.125 trillion dirhams at the end of the previous day's trading, with gains amounting to 6.35 billion dirhams. Stocks listed on the Abu Dhabi market attracted liquidity exceeding 1.22 billion dirhams yesterday after trading on around 316.56 million shares and executing 21,600 deals. In turn, the Founder and CEO of 'Sky Links Capital', Daniel Taki al-Din, stated: 'The Dubai Financial Market continued its rise for the third consecutive day, maintaining a strong positive momentum at its highest levels in about 20 years.' Taki al-Din, in an interview with 'Al-Ittihad', noted that opportunities for the uptrend to continue are still present, especially with the start of the Q4 earnings season, which should enhance the prevailing optimism in the market. He explained that the release of positive financial results could give the market an additional boost, given its strong fundamentals and optimistic growth expectations for the current year. He also noted that the Abu Dhabi Securities Exchange continued to gain for the fourth consecutive day, approaching levels not seen since last October, supported by the ongoing improvement in investor sentiment linked to Q4 results, which contributed to reinforcing the market's upward trend. Net foreign investment in the Dubai Financial Market was 122.2 million dirhams.