The Dubai market is stable at the beginning of the trading week

Aug 28
The Dubai Financial Market index settled at the beginning of the week’s trading, at 4,099.52 points, after witnessing transactions worth 336.04 million dirhams, with 6,099 transactions distributed over 196.25 million shares. The index closed up 0.03 points, or 0.001%, from its previous close.
The session witnessed the rise of 12 companies, the decline of 21 companies, and the stability of the prices of 7 companies.
Among the companies that increased the most in terms of changes in their prices:

Dubai National Insurance and Reinsurance closed at 5.15 dirhams, with a change rate of 3%.
Emirates NBD closed at 17.45 dirhams, a change of 1.15%.
“Al-Firdous” closed at 0.589 dirhams, with a change rate of 1.02%.
“Air Arabia” closed at 2.97 dirhams, with a change of 1.02%.
“Union Properties” closed at 0.414 dirhams, with a change of 0.97%.
While the companies that decreased their prices were:
The National General Insurance Company closed at 2.71 dirhams, with a change rate of -7.19%.
“Dubai Refreshments Company” closed at 18.5 dirhams, with a change rate of -6.09%
“Aman” closed at 0.585 dirhams, with a change rate of -3.3%.
“Salama” closed at 0.69 dirhams, with a change rate of -2.81%.
“Tabreed” closed at 3.59 dirhams, a change of -2.18%
most active
With regard to the most active companies in terms of turnover, “Gulf Navigation” achieved 75.12 million dirhams, followed by “Ajman Bank” 42.24 million dirhams, and “Union Properties” 41.61 million dirhams, then “Emirates National Dubai”. 39.32 million dirhams, and “Emaar Properties” 32.87 million dirhams.
As for the most active companies according to trading volume, 98.42 million shares of «Union Real Estate» were traded, 17.38 million shares of «Ajman Bank», 10.72 million shares of «Gulf Navigation», and 9.33 million shares. from Ithmaar, and 8.7 million shares from Deyaar.
sector performance
In view of the performance of the sectors in the Dubai Financial Market, the financial sector index reached 2,852.38 points, with a circulation of 58.94 million shares, at a value of 125.4 million dirhams. The real estate sector reached 6,778.29 points, with a turnover of 115.26 million shares, at a value of 101.78 million dirhams, and the public utilities sector index reached 987.04 points, with a turnover of 4.77 million shares, at a value of 12.52 million dirhams. The index of the consumer goods sector reached 155.00 points, with a circulation of 687,919 shares, with a value of 2.61 million dirhams.
The index of the consumer services sector reached 1,590.90 points, with a circulation of 2.05 million shares, at a value of 7.1 million dirhams.
foreign investment
With regard to foreign investment in the Dubai Financial Market, the value of non-Arab purchases of shares during this day amounted to about 72.5 million dirhams, while the value of their sales amounted to about 47.98 million dirhams. The value of non-Gulf Arab investors’ purchases during this day amounted to about 25.48 million dirhams, and the value of their sales amounted to about 24.85 million dirhams. As for the Gulf investors, the value of their purchases amounted to 23.7 million dirhams, while the value of their sales amounted to about 13.94 million dirhams during the same period. As a result of these developments, the total value of non-Emirati foreigners’ purchases of shares during that day amounted to about 121.69 million dirhams, constituting 36.215% of the total value of purchases, while the total value of their sales amounted to about 86.79 million dirhams, constituting 25.827 dirhams. % of the total sales value, bringing the net foreign investment to about 34.9 million dirhams as purchase proceeds.