Dubai Financial Market Closes Mixed Amid Selling Pressure on Blue Chips and Divergent Active Stock Performance

Dubai | EcoPulse24

The Dubai Financial Market closed today's session with mixed results, as several blue-chip stocks faced selling pressure while a few active stocks saw modest gains, according to official trading data.

Top Decliners:
- UFC led the losing stocks, dropping 8.99% to close at AED 12.15 on limited trading value.
- SALAM_BAH fell 2.28% to AED 2.14, while TECOM declined 2.07% to AED 3.32.
- Other notable losers included CBD (down 1.78% to AED 9.40), NGI (down 1.70% to AED 5.80), and Emaar Properties (down 1.39% to AED 14.20), with Emaar among the most actively traded stocks by value at AED 44.3 million despite its decline.

Top Gainers:
- Amanat rose 3.25% to AED 1.27, with over 16.5 million shares traded, leading in trading volume.
- ERC gained 3.18% to AED 2.60, and DNIR climbed 3.08% to AED 3.35.
- GULFNAV advanced 1.48% to AED 2.74, topping both value (AED 60.2 million) and volume (22.09 million shares) traded.

Most Active Stocks by Volume:
- GULFNAV was the most traded by volume, followed by Amanat (16.55 million shares), SHUAA (7.29 million shares), DSI (6.80 million shares), and TALABAT (6.76 million shares).

Most Active Stocks by Value:
- GULFNAV led in trading value at AED 60.24 million, followed by Emaar Properties (AED 44.31 million), Amanat (AED 21.30 million), Dubai Islamic Bank (AED 10.87 million), Emirates NBD (AED 9.31 million), and Parkin (AED 8.82 million).

Market Overview:
Today's session reflected a clear divergence in investor appetite, with selling pressure on blue chips and liquidity concentrated in a handful of active stocks, particularly in the services and investment sectors.