The stock market indices of Dubai and Abu Dhabi saw mixed performance in the recent financial reports. While Emirates NBD and Abu Dhabi Islamic Bank shares rose after announcing their financial results, other companies in the real estate, industry, and utilities sectors faced pressure from selective buying of shares at lower prices. In Dubai, the market index increased by 0.06% to 4169.87 points, while the Abu Dhabi market index decreased by 0.04% to 9041.51 points.
The real estate sector was impacted by sales to non-Arab foreigners, with declines driven by a net investment of 82.45 million dirhams in sales proceeds, with 56.25 million dirhams in Dubai and 26.2 million dirhams in Abu Dhabi. The total liquidity recorded was 1.58 billion dirhams, with 992.28 million dirhams in Abu Dhabi and 592 million dirhams in Dubai. The traded shares amounted to 616
