The Dubai Financial Market closed today's trading up by 1.63%, or 87.88 points, to reach 5470.9 points, supported by gains in most listed sectors, led by real estate and banking. The market capitalization of the Dubai Financial Market increased to 911.88 billion dirhams by the end of today's session, compared to 890.096 billion dirhams at yesterday's close, with gains of approximately 21.78 billion dirhams. The market's performance was boosted by rising stocks in seven sectors, with real estate leading at 2.64%, followed by banking at 1.98%, telecommunications at 1.43%, and luxury consumer goods at 0.7%, in addition to basic consumer goods at 2.99%, public utilities at 1.71%, and industry at 0.34%. The only sector that declined was basic materials, falling by 4.22%. During today's trading, local investors in the Dubai Financial Market engaged in net purchases of about 311.54 million dirhams, after making purchases worth 870.42 million dirhams versus sales of 558.88 million dirhams. Listed stocks attracted liquidity exceeding 1.48 billion dirhams, following trading of 327.14 million shares and the execution of 29,666 trades. Six listed companies in the Dubai Financial Market—'Emaar Properties', 'National Bank of Abu Dhabi', 'Emaar Development', 'Dubai Islamic Bank', 'Air Arabia', and 'Amlak Finance'—accounted for over 82.64% of the market's liquidity by the end of today's session. The total trading value of the six stocks was about 1.22 billion dirhams, while the total trading value on the Dubai Financial Market reached approximately 1.48 billion dirhams. 'Emaar Properties' stock led the market in terms of liquidity, with trades exceeding 741.71 million dirhams, rising 3.94% to 11.85 dirhams per share, capturing about 49.84% of the market's liquidity. 'National Bank of Abu Dhabi' stock came second with a trading value of 164.44 million dirhams, rising 7.25% to 28.1 dirhams per share. 'Emaar Development' stock ranked third with trades of 133.72 million dirhams, rising 1.46% to 13.9 dirhams per share. 'Dubai Islamic Bank' stock ranked fourth with trades estimated at around 80.05 million dirhams, followed by 'Air Arabia' stock fifth with a trading value of 63.26 million dirhams, and 'Amlak Finance' stock sixth with trades of 46.67 million dirhams at 1.79 dirhams per share. Abu Dhabi, meanwhile, the Abu Dhabi Securities Exchange ended today's trading up by 0.666%, or 62.79 points, to close at 9485.81 points. The market capitalization of listed shares increased to about 2.879 trillion dirhams by the end of today's session, compared to 2.849 trillion dirhams at yesterday's close, with gains of approximately 30.4 billion dirhams. Listed stocks on the exchange attracted liquidity exceeding 1.88 billion dirhams during today's trading, following trading of 352.61 million shares and the execution of 37,979 trades.
