Real estate and investment lead the Dubai market to rise in...

Real estate and investment lead the Dubai market to rise in...
Real estate and investment lead the Dubai market to rise in...
The Financial Market index continued its rise for the second session at the end of today’s first session, the week’s sessions, to rise by 0.45% at the level of 3158 points, supported by the rises of major stocks, especially from real estate and investment.

During the day, the real estate index rose by 0.52%, investment rose by 0.48%, and the banking index rose by 0.39%.
The Dubai Financial Market share rose by 1.25% at a price of 2.43 dirhams per share, while the share of Amlak rose by 14.91%.

The rise was dominated by real estate shares, as Union Properties rose 4.79%, and Deyaar Development rose 7.45%, while Emaar Properties settled at the level of 4.76 dirhams.

At the close of the day, Dubai Islamic shares rose by 0.37%, while GFH declined by 0.84%.

Emaar Properties topped the shares in terms of trading value, executing transactions worth 42.28 million dirhams, followed by Deyaar Development by 25.3 million dirhams, while Union Properties topped the shares in terms of trading volumes with 59.6 million shares.

The value of trading on the Dubai Financial Market during today’s trading amounted to 152.21 million dirhams, with a trading volume of 189.73 million shares, through 3.4 thousand transactions.

During today’s trading, 15 shares rose, 9 fell, and 5 remained stable.

Amlak Shares topped the list with an increase of 14.91%, while the National Insurance Company topped the shares that fell by 9.6%.

The market value of the Dubai Financial Market recorded 406.920 billion dirhams, compared to a value of 405.991 billion dirhams in the last session, to gain 929 million dirhams.

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