Dubai, UAE – The Dubai Financial Market closed trading on Tuesday, up by 1.63%, or 87.88 points, at 5470.9 points.
This was supported by the rise in shares of most listed sectors, led by real estate and banks.
Dubai Financial’s market capitalization rose to AED 911.88 billion at the end of Tuesday’s session.
This compares to 890.096 billion dirhams at the end of trading on Monday, with gains amounting to about 21.78 billion dirhams.
high performance
The market performance supported the growth of shares in seven sectors, led by real estate sector shares by 2.64%, banking by 1.98%, and telecommunications by 1.43%.
In addition to 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%.
buying trend
During Tuesday’s trading, citizen investors in the Dubai Financial Market tended to buy with a net investment of about 311.54 million dirhams.
After recording purchases worth 870.42 million dirhams, compared to sales worth 558.88 million dirhams.
significant liquidity
The stocks listed on the market attracted liquidity exceeding 1.48 billion dirhams, after trading about 327.14 million shares and executing 29,066 transactions.
Shares of six companies listed on Dubai Financial, namely: Emaar Properties, Emirates NBD, Emaar Development, Dubai Islamic Bank, Air Arabia, and Amlak Finance, accounted for more than 82% of market liquidity at the end of Tuesday’s trading.
According to market data, the total trading value of the six shares amounted to approximately AED 1.22 billion.
While the total trading value in the Dubai Financial Market as a whole amounted to approximately AED 1.48 billion.
