Dubai Financial Market Opens with Focus on Emaar and Dubai Islamic Bank as GULFNAV Surges

Dubai | EcoPulse24

The Dubai Financial Market (DFM) opened today with significant liquidity and stock activity, while the DFMGI index stabilized around 6,105.6 points (as of approximately 10:56 AM). Investors are primarily focused on leading stocks, particularly Emaar and Dubai Islamic Bank, as well as shares in banking, real estate, and utilities.

Most Traded by Value

• GULFNAV: Liquidity of 66.21 million AED, price 2.470, increase +9.292%.
• Emaar (EMAAR): Liquidity of 31.91 million AED, price 14.050, increase +1.444%.
• DEWA: Liquidity of 12.07 million AED, price 2.840, decrease -1.730%.
• DFM: Liquidity of 6.65 million AED, price 1.650, decrease -1.198%.
• ALEC: Liquidity of 6.55 million AED, price 1.500, decrease -1.961%.
• Emirates NBD: Liquidity of 5.44 million AED, price 28.150, increase +1.441%.

Most Traded by Volume

• GULFNAV: Volume of 27.25 million shares.
• DSI: Volume of 13.26 million shares, price 0.283, decrease -1.736%.
• ALEC: Volume of 4.34 million shares.
• DEWA: Volume of 4.21 million shares.
• DFM: Volume of 4.06 million shares.
• ITHMR: Volume of 3.33 million shares, price 0.268, increase +4.688%.

Top Gainers at Session Start

• GULFNAV (+9.292%)
• ITHMR (+4.688%)
• TAKAFUL-EM (+4.118%)
• AJMANBANK (+1.504%)
• Emaar (EMAAR) (+1.444%)
• Emirates NBD (+1.441%)

Top Losers at Session Start

• CHAESHIN (-3.067%)
• DEWAF26 FUT (-2.070%)
• Air Arabia (AIRARABIA) (-2.066%)
• ALEC (-1.961%)
• DSI (-1.736%)
• DEWA (-1.730%)

As Emaar leads liquidity in the real estate sector at the opening, investors are monitoring the performance of Dubai Islamic Bank and other leading stocks to determine market direction during the session, especially with contrasting movements among utility shares and certain consumer and service stocks against a clear momentum in specific stocks regarding liquidity and volume.