Dubai Financial Market Closes Down 1.99% Amid Selling Pressure on Blue Chips

The Dubai Financial Market General Index (DFMGI) fell by 1.99%, losing 122.38 points to close at 6,014.95 compared to the previous session. Trading activity was moderate, with a total value of AED 590.3 million and a volume of 201.4 million shares exchanged through 13,308 transactions across 54 stocks. Of the traded stocks, five advanced, 46 declined, and three remained unchanged. One special transaction valued at AED 18.36 million was also executed.

Blue chip stocks came under selling pressure, led by Emaar Properties (down 2.8% to AED 13.90), Emaar Development (down 3.56% to AED 14.90), Emirates NBD (down 1.39% to AED 28.30), Dubai Islamic Bank (down 2.33% to AED 9.22), DEWA (down 2.13% to AED 2.76), and du (down 2.65% to AED 9.56). The DFM share itself dropped by 2.98% to close at AED 1.63.

On the upside, Salama Takaful rose 6.92% to AED 1.39, SHUAA Capital gained 1.16% to AED 7.00, and Al Ansari Financial Services edged up 0.40%.

Today's performance reflects ongoing caution and selling pressure in the Dubai Financial Market, with risk appetite subdued and investors focusing on blue chips amid anticipation of impactful regional and global developments affecting liquidity flows.