Companies' stocks from the UAE have completed trading in the secondary market on a declining note, approaching strengthening. On the Dubai financial market, the index rose by 0.2%, while the Ajman index decreased by 0.3%. A significant decline in stock prices was observed in the sectors of telecommunications and finance. Among the most actively traded stocks on the Dubai index, the most noticeable losses were shown by Emirates NBD (-2.7%) and Emaar Properties (-0.4%).
Analysts note that investors are closely monitoring global events, such as inflation and oil price dynamics, which indicate an influence on investment decisions. Several companies have faced selling pressure due to the anticipation of financial reporting publications.
"In the last week, we have seen changes in the market due to the expectations of investors from company reports. The decline in oil prices also creates some uncertainty," noted one of the analysts.
Other experts added that although the overall trend remains negative, some analysts expect the strengthening of stocks in the near future.
