The Dubai Financial Market (DFM) closed higher in the first trading session of Ramadan, rising by 1.21%, or 80.72 points, to reach 6,765.07 points. The gains were driven by broad-based advances across key sectors, particularly real estate, banking, and industry, alongside the release of strong full-year financial results by listed companies.
The market’s total capitalization climbed to AED 1.128 trillion at the end of the session, compared to AED 1.115 trillion in the previous session, reflecting gains of approximately AED 13 billion in a single day.
Sector Performance
The positive performance was mainly supported by a 2.79% increase in the real estate sector, which led the market’s advance. The banking sector rose by 0.64%, while the industrial sector gained 1.14%.
Other sectors also recorded gains, with utilities up 0.77% and telecommunications increasing by 0.46%, contributing to the overall upward momentum of the index.
Strong Liquidity and Trading Activity
Total trading value in the market exceeded AED 821.55 million, with around 225.61 million shares traded through 13,771 transactions, indicating solid activity at the start of the holy month.
Six major listed companies accounted for 76.22% of the total market liquidity: Emaar Properties, Air Arabia, Emaar Development, Emirates NBD, Dubai Islamic Bank, and Talabat.
Combined trading value for these six stocks reached approximately AED 626.25 million, out of the total AED 821.55 million recorded across the market.
Foreign Investors Turn Net Buyers
Foreign investors (non-Arab) were net buyers during the session, recording net investments of AED 170.44 million. Their total purchases amounted to AED 355.26 million, compared to sales of AED 184.82 million, reflecting continued foreign interest in Dubai’s equity market.
