Page 33 - UP GENERAL REPORT - JUNE 2025

6/10/25, 11:27 AM UAE markets continue rally with DFM rising by more than 1% - Aletihad News Center
Warrants (+14.93%), Al Wathba National Insurance (+13.92%), and Abu Dhabi National Takaful (+13.64%). Notable

decliners were Gulf Medical Projects (-6.05%), Investcorp (-2.94), and National Bank of Fujairah (-2.63%).

DFM

The Dubai Financial Market’s general index (DFMGI) rose by 1.026% to close at 5,592.75, its highest point since
2008, with almost all sectors in positive territory. A total of 20,636 trades were executed on the DFM, involving 834

million shares with a combined value of Dh1 billion. Share prices of 30 companies rose, 15 declined, and 10
remained unchanged.

Deyaar, the real estate giant, was the star performer with its stock rising by nearly 15% to reach Dh1.06. Deyaar

Chief Executive Officer Saeed Mohammed Al Qatami recently wondered at a press conference why his company’s
stock price was less than a dirham when its book value was well above Dh1. Deyaar is often overtaken in optics by its
better-known rivals — Emaar and Emaar Developments. Another blue-chip company, Salik, surged by 2.27%, leading

to one of the biggest recent rallies. Among the other top gainers were Union Properties (+14.87%), Al Mal Capital

REIT (+10%), and Emirates REIT (+9.43%). On the losing side, Al Mazaya Holding fell by 8.84%, followed by
Emirates Islamic Bank (-5.65%), Amlak (-4.24%), and National Industries (-2.01%). Monday was the last day of
trading for Emirates Islamic as its 100% ownership was acquired by its parent company, Emirates NBD.

Amlak Finance, in a disclosure, clarified that the recent price rally was triggered by the company’s decision to
proceed with the execution of the sale of the Ras Al Khor plots to Emaar Development for a total consideration of
Dh2.9 billion.

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