Dubai Financial Market Opens with Limited Decline Amid Active Trading

The Dubai Financial Market (DFM) commenced trading today with a limited decline, amid active trading on several leading and mid-cap stocks, accompanied by a clear tendency to take profits on some stocks that had previously recorded strong gains, while selective rises were observed in other stocks. The Dubai Financial Market General Index (DFMGI) fell during morning trading, impacted by selling pressures on several stocks, despite a relative improvement in liquidity and increased trading activity.

**Index Performance and Trading Activity**
- The index is moving within a fluctuating range with a downward trend.
- Trading focused on active stocks in terms of value and volume.
- The market is affected by a general sense of caution and anticipation of developments in global markets.

**Most Active Stocks by Value**
- ALEC topped the list with trading exceeding 12.9 million dirhams, rising by about 2.0% to 1.52 dirhams.
- DU ranked second with trades exceeding 7.0 million dirhams, showing a slight increase to 9.67 dirhams.
- EMAAR saw active trading but declined to 14.15 dirhams.
- GULFNAV and Emirates NBD recorded clear selling pressures.

**Most Active Stocks by Volume**
- ALEC led with over 8.5 million shares traded.
- DSI followed with about 5.6 million shares, despite a price drop.
- Talabat recorded strong trading with a limited rise.
- GULFNAV and Dubai REIT were among the most traded stocks.

**Winners at the Session Opening**
- DRC topped the winners list with a strong rise exceeding 14%.
- ALEC continued its gains supported by active demand.
- ITHMR and TECOM recorded moderate increases.
- ARMX and SALAMA achieved slight gains.

**Losers at the Session Opening**
- GULFNAV led the losers with a sharp decline of about 9.6%.
- ERC, DEYAAR, and DSI experienced notable declines.
- EKTITAB and Ajman Bank continued to face selling pressures.

**General Market Outlook**
The performance of the Dubai Financial Market at the start of the session reflects a cautious balance between profit-taking operations and selective opportunity-seeking, with liquidity continuing to concentrate in a limited number of stocks. Investors are monitoring the market direction for the remainder of the session, influenced by external factors and global market movements. The performance remains contingent on liquidity developments and investor trends, particularly in leading stocks such as Emaar, the telecommunications sector, and banks, which are the main drivers of the index.