2023-07-04 22:05:40
The Dubai Financial Market index continued its upward trajectory during yesterday’s session, crossing the 3930 points barrier for the first time in nearly eight years, specifically since 2015, adding to its positive balance 52 points, equivalent to a growth of 1.35%, while the value of transactions amounted to one billion and 76 million dirhams.
The shares of 22 companies witnessed increases out of the 38 companies whose shares were traded, while the shares of 12 companies decreased and the shares of four companies remained unchanged.
The “banking” and “real estate” sectors led the rise in shares, especially Emirates NBD, which rose by 3.9% to its highest rate since listing, at 15.90 dirhams, with transactions exceeding six million shares, while “Deyaar” rose by 4.7%. At a price of 0.71 dirhams, recording the highest price in more than five years, with 106 million shares traded.
The share of «Dubai Financial Market» rose by 3.9% at the price of 1.61 dirhams, recording the highest price in six months, with transactions exceeding 55 million shares, and the share of «Emaar Properties» rose by 0.2% at the price of 6.65 dirhams, with transactions exceeding 16 million shares.
The share of Dubai Islamic Bank increased by 1.5% at the price of 5.59 dirhams, with transactions exceeding 21 million shares, and the share of “Ithmaar Real Estate” by 1.8%, at the price of 0.28 dirhams, with transactions exceeding 74 million shares.
The most traded share was «Union Real Estate», which fell by 1.9% at a price of 0.36 dirhams, with transactions exceeding 283 million shares.
The Dubai Financial Market index recorded the highest level in eight years, and the “banking” and “real estate” sectors topped the rising stocks.
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