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Home BusinessThe Dubai Financial Index exceeds 5,200 points for the first time in 10 years

The Dubai Financial Index exceeds 5,200 points for the first time in 10 years

by Marwane al hashemi
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The Dubai Financial Market index rose at the end of today’s trading by 0.45%, reaching the level of 5213.93 points, for the first time in more than 10 years, supported by the focus on “selective purchasing” operations for stocks with strong financial fundamentals before the start of the annual disclosure season.
Dubai Financial increased its market gains at the end of trading, and its market capitalization gained more than 2.651 billion dirhams, supported mainly by the gains of leading stocks in the real estate and financial sectors.
The market capitalization of shares listed on the market increased from 911.505 billion dirhams at the end of yesterday’s session, to more than 914.156 billion dirhams at the end of today’s session.
In turn, the market value of the Abu Dhabi Securities Market reached about 2.964 trillion dirhams. The market capitalization of listed shares reached 3.878 trillion dirhams at the end of today’s session.

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